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Question 2 (12 marks) Mr O's employer requires him to use his own vehicle for work and pay all of the vehicle's operating cont. Mr.
Question 2 (12 marks) Mr O's employer requires him to use his own vehicle for work and pay all of the vehicle's operating cont. Mr. O is not paid commissions Mr. o purchased a vehicle on July 1, 2020 for $37 290 including HST Mr O drove this vehicle 25,000 kilometers, of which 15,000 were for work. The capital cont allowance for 2020 is $15.255. During the 6 months he owned vehicle he paid: bank loan interest $1.950 gas and oil 1.840 maintenance 300 insurance 1400 - licence plates 100 Required: Calculate the amount MI O can deduct from employment income Show all calculations
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