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Please calculate Mary's current year Auto Benefit for Employment Income pruposes: Cost of Automoble is $30,000 12 months use; all auto expenses paid by employer
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Please calculate Mary's current year Auto Benefit for Employment Income pruposes:
- Cost of Automoble is $30,000
- 12 months use; all auto expenses paid by employer
- % of Employment Use: 30%
- Total Kilometers is 10,000Km
- (hint KM fee is $.28 cents per Kilometers)
The TOTAL Auto (Standby plus Operating) Benefit is?
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Advanced Financial Accounting An International Approach
Authors: Jagdish Kothari, Elisabetta Barone
1st Edition
0273712748, 978-0273712749
