Problem$1.$ An employer provides a car costing $$25000$ t an employee. The car is to be used for business travel and for personal use throughout the year. During the year the employer expends $$5000$ for operating costs relating to insurance, gas, maintenance and repair. During the year, the employee drives the car $30000$ km of which $160000$ km for personal use and $14000$ km is for business use. Compute the taxable benefit for the year.

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