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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 $50,000 every other

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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 $50,000 every other year. Her marginal tax rate is 32 percent. Poe Corporation has a marginal tax rate of 21 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 (ignore FICA taxes)? After-tax benefit b. What is Poe's after-tax cost of providing the auto allowance? After-tax cost

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