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Required information [ The following information applies to the questions displayed below. ] Nicole's employer, Poe Corporation, provides her with an automobile allowance of $

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Required information
[The following information applies to the questions displayed below.]
Nicole's employer, Poe Corporation, provides her with an automobile allowance of $52,000 every other year. Her marginal
tax rate is 32 percent. Answer the following questions relating to this fringe benefit.
b. What is Poe's after-tax cost of providing the auto allowance?
Answer is complete but not entirely correct.
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