Taxation

Question 3 10 points ABC Co. provides a company car to Sally. The cost of the car was $100,000 including HST. The car was driven for a total of 18,000 kilometres during 2021 and its operating costs for the year tota $3,000. It was used by Sally for the entire year, during which she drove it a total of 8,000 kilometres for personal use. Sally reimburses her employer $150 per month for her use of the vehicle Instructions: Calculate the Auto Benefit that Sally will include in her employment income by filling in the table below. Do not leave any blanks - if there is no value to input, enter "none" Calculation Answer Standby Charge: Operating Cost: Lesser of Reimbursement Total Auto Benefit Question 3 10 points ABC Co. provides a company car to Sally. The cost of the car was $100,000 including HST. The car was driven for a total of 18,000 kilometres during 2021 and its operating costs for the year tota $3,000. It was used by Sally for the entire year, during which she drove it a total of 8,000 kilometres for personal use. Sally reimburses her employer $150 per month for her use of the vehicle Instructions: Calculate the Auto Benefit that Sally will include in her employment income by filling in the table below. Do not leave any blanks - if there is no value to input, enter "none" Calculation Answer Standby Charge: Operating Cost: Lesser of Reimbursement Total Auto Benefit