Sheldon is provided with a Lexus GS, which the company leases for $1,100 per month. The lease payment does not include insurance coverage. During the current year, Sheldon drives the automobile a total of 34,300 kilometres, of which 32,600 are for employment purposes and 1,700 for personal use. The operating expenses average $0.33 per kilometre and are paid by the company. The automobile is available to Sheldon for eight months during the current year