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Required information Problem 1 2 - 4 1 ( LO 1 2 - 3 ) ( Algo ) [ The following information applies to the

Required information Problem 12-41(LO 12-3)(Algo)[The following information applies to the questions displayed below] Seiko's current salary is $ 106,000. Her marginal tax rate is 32 percent, and she fancies European sports cars. She purchases a new auto each year. Selko is currently a manager for Idaho Office Supply. Her friend, knowing of her interest in sports cars, tells her about a manager position at the local 8 M W and Porsche dealer. The new position pays $ 91,100 per yeat, but it allows employees to purchase one new car per year at a discount of $ 24,900. This discount qualifies as a nontaxable fringe benefit. In an effort to keep Seiko as an employee, Idaho Office Supply offers her a $ 15,900 raise. Answer the following questions about this analysis. Problem 12-41 Part a (Algo) a. What is the annual after-tax cost to Idaho Office Supply if it provides Selko with the $ 15,900 increase in salary? Note: Ignore payroll taxes.Seikos current saiary is $106, UUU, Her marginal tax rate is 32 percent, and sne tancies turopean sports cars. Sne purchases a new auto each year, Seiko is currently a manager for Idaho Office Supply. Her friend, knowing of her interest. in sports cars, tells her about a manager position at the local 8 MW and Porsche dealer. The new position pays $ 91,100 per year, but it allows employees to purchase one new car per year at a discount of $ 24,900. This discount qualifies as a nontaxable fringe benefit. In an effort to keep Seiko as an employee, Idaho Office Supply offers her a $ 15,900 raise. Answer the following questions about this analysis. Problem 12-41 Part b (Algo) b-1. Financially, which offer is better for Seiko on an after-tax basis? b-2. By how much is the offer better for Seiko on an after tax basis? (Assume that Seiko is going to purchase the new car whether sh switches jobs or not.) Complete this question by entering your answers in the tabs below. By how much is the offer better for Seiko on an after tax basis? (Assume that Seiko is going to purchase the new car whether sthe switches jobs or not.)Required information Problem 12-41(LO 12-3)(Algo)[The following information applies to the questions displayod below] Seiko's current salary is $ 106,000. Her marginal tax rate is 32 percent, and she fancies European sports cars. She purchases a new outo each year. Seiko is currently a manager for Idaho Office Supply. Her friend, knowing of her interest in sports cars, tells her about a manager position at the local BMW and Porsche dealer. The new position pays $ 91,100 per year, but it allows employees to purchase one new car per year at a discount of $ 24,900. This discount qualifies as a nontaxable fringe benefit. In an effort to keep Seiko as an empioyee, Idaho Office Supply offers her a $15,900 raise. Answer the following questions about this analysis. Problem 12-41 Part c (Algo) What salary would Selko need to receive from Idaho Office Supply to make her financially indifferent (after taxes) between receiving ditional salary from Idaho Office Supply and accepting a position at the auto dealership? ote: Round your intermediate computations to the nearest dollar amount.

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