Part B You expect to drive 16,000 personal kilometers, and 40,000 work kilometers per year. Your personal car cost $35,000 (including $2,000 tax), operating costs are $0.35 per kilometer, and your marginal tax rate is 33%. You are provided the following options, explain which you would prefer (calculate after tax cash). 1. Use your own car and receive an allowance of $0.52 per kilometer. 2. Use your own car and receive an allowance of $2,000 per month. 3. Use the company car that has a cost of $45,000 (market value of $30,000), and the company pays all the operating costs. voice Editor Reuse Files Add-ins

Part B - You expeci lo grwe 16,000 personal hilometers, and 40,000 work kilomeders per year. Your perteoral car cost $35,000 0ncluding $2,000 task, operating costi are \$0.35 per klomeder, and your marginal tax rate is 35% Y You are pesvided the folowing optsons, explain which you would preler (calcadabe afer tax cashl 1. Use your cown car and receive an dibwance of $0.52 per kilometer. 2. Use your ewn car and leceive an alowanoe of \$2,000 per monet. 3. Use the compary car that has a oost of $45,060 imake value of $30,0001 and the company pays al the cperating eosts. Part B - You expect to drive 16,000 personal kilometers, and 40,000 work kilometers per year. Your personal car cost $35,000 (including $2,000 tax), operating costs are $0.35 per kilometer, and your marginal tax rate is 33%. You are provided the following options, explain which you would prefer (calculate after tax cash). 1. Use your own car and receive an allowance of $0.52 per kilometer. 2. Use your own car and feceive an allowance of $2,000 per month. 3. Use the company car that has a cost of $45,000 (market value of $30,000 ), and the company pays all the operating costs