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Question 7 (0.5 points) Sarah drove 20,000 km in total in 2012, of which 5,000 were for business. She paid $1,000 for insurance, $1,500 for
Question 7 (0.5 points) Sarah drove 20,000 km in total in 2012, of which 5,000 were for business. She paid $1,000 for insurance, $1,500 for gas, and $500 for maintenance. Assume the test to deduct vehicle expenses are met. How much can Sarah deduct? A/ Question 8 (1 point) Ken received an allowance of $400 per month for 12 months from his employer, for the use of his personal vehicle which he drove for employment purposes. Ken estimates the cost of his vehicle expenses were $5,000 and the vehicle cost $30,000 to purchase. He drove 10,000 km in total during the year of which 2,000 km were for business. Calculate the affect on Ken's taxable income from his vehicle. A
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