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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 $

Required information
[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.
a. What is Nicole's after-tax benefit if she receives the allowance this year?
After-tax benefit
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