Rodney Atwater is a sales representative for American Silk Mills. Because he visits customer sites, he has a company car. He drove 25,900 miles during 2018, of which he reported 15 percent was personal miles. Required: Using the cents-per-mile rule, what is the valuation of this benefit for 2018? (Do not round intermediate calculations and round your final answer to 2 decimal places. Valuation of the benefit