! Required information Problem 12-38 (LO 12-3) (Algo) (The following Information applies to the questions displayed below.) Nicole's employer, Poe Corporation, provides her with an automobile allowance of $38,000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit Problem 12-38 Part a (Algo) a. What is Nicole's after-tax benefit if she receives the allowance this year? Anar-tax benefit b. What is Poe's after-tax cost of providing the auto allowance? After-tax cost