Question $24(1$ point$)$

Siye was provided with a company$-$leased automobile that was available to him $365$ days in the year and was used primarily for personal driving. The vehicle was leased for $$\frac{890}{?}$ month, tax included. What amount of standby charge would be included in the automobile taxable benefit for the year?

$$0\mathrm{.}00$

$$4,580\mathrm{.}00$

$$7,120\mathrm{.}00$

$$8,450\mathrm{.}00$

Question $25(1$ point$)$

Felix's life insurance coverage, through his Manitoba employer's group plan, is two times his annual salary of $$81,150.$ His employer pays the insurer $100\%$ of the cost at a premium rate of $$0\mathrm{.}87$ per $$1,000$ of coverage per month. Calculate Felix's taxable benefit assuming he is paid on a semi$-$monthly basis.