Required information

$[$The following

information applies to

the questions displayed

below.$]$

Nicole's employer, Poe

Corporation, provides

her with an automobile

allowance of $$50,000$

every other year. Her

marginal tax rate is $32$

percent. Answer the

following questions

relating to this fringe

benefit.

a$.$ What is Nicole's after$-$tax benefit if

she receives the allowance this year?