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Problem 4 - 6 A ( Static ) Dana is an account representative at Ever Pharmaceuticals. Dana has a company car for customer visits and

Problem 4-6A (Static)
Dana is an account representative at Ever Pharmaceuticals. Dana has a company car for customer visits and uses it to commute from work to home on Friday nights and from home to work on Monday mornings, 50 weeks per year. The commute is 25 miles in each direction.
Required:
Using the commuting rule, what is the valuation of the fringe benefit?

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