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Question 68 (1 point). Sheila is provided with a company-owned automobile that is available to her 365 days of the year. The total purchase
Question 68 (1 point). Sheila is provided with a company-owned automobile that is available to her 365 days of the year. The total purchase price of the automobile, including taxes, was $30,125.00. During the year, she drove 80,000 km of which 25,000 km were for personal use. She did not pay the employer a reimbursement for her personal use of the vehicle. Calculate Sheila's total annual taxable benefit for the use of the car, assuming that she has asked to company to use the optional method of calculating the operating cost benefit. A
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