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The Jareau Manufacturing Company owns a car with an original cost of $30,000. The car has been owned by the Company for two years. Jareau

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The Jareau Manufacturing Company owns a car with an original cost of $30,000. The car has been owned by the Company for two years. Jareau requires that cars be returned to the corpo Assignment Problem Three - 4 (Benefits) rate premises when they are not being used by the employee. During 2019, the car has been used by the Company's sales manager, Mr. Robert Stickler During this year, Mr. Stickler drove the car 36,000 kilometers, with all of the expenses being paid for by the Company. The operating costs paid for by the Company total $3,920. In addi tion, the Company deducted capital cost allowance of $5,610 related to this car for the current year. Required: Ignore all GST/PST/HST implications. Indicate the minimum taxable benefit that would be allocated to Mr. Stickler in each of the following Cases: Case A Mr. Stickler has use of the car for the entire year and drives it a total of 7,200 kilometers for personal purposes. Case B Mr. Stickler has use of the car for 10 months of the year and drives it a total of 15,000 kilometers for personal purposes. Case C Mr. Stickler has use of the car for 6 months of the year and drives it a total of 25,200 kilometers for personal purposes. Assignment Problem Three - 4 (Taxable Automobile Benefits) The Jareau Manufacturing Company owns a car with an original cost of $30,000. The car has been owned by the Company for two years. Jareau requires that cars be returned to the corpo During 2019, the car has been used by the Company's sales manager, Mr. Robert Stickler During this year, Mr. Stickler drove the car 36,000 kilometers with all of the expenses being paid for by the Company. The operating costs paid for by the Company total $3,920. In addi tion, the Company deducted capital cost allowance of $5,610 related to this car for the current year. Required: Ignore all GST/PST/HST implications, Indicate the minimum taxable benefit that would be allocated to Mr. Stickler in each of the following Cases: Case A Mr. Stickler has use of the car for the entire year and drives it a total of 7,200 kilometers for personal purposes. Case B Mr. Stickler has use of the car for 10 months of the year and drives it a total of 15,000 kilometers for personal purposes. Case C Mr. Stickler has use of the car for 6 months of the year and drives it a total of 25,200 kilometers for personal purposes

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