This year, Bobs employer provided him with an employer-owned automobile costing $55,000 (including HST) for 12 months. His kilometres for personal use were 14,000 out of a total of 19,000 kilometres. Operating costs paid by his employer during this year were $3,700 (including HST). Which one of the following statements is TRUE for this year?

(a) Bobs standby charge is $13,200.

(b) Bobs minimum operating cost benefit is $2,726.

(c) Bobs minimum operating cost benefit is $6,600.

(d) Bob can elect to use 1/2 of his standby charge as his operating cost benefit.

Show all your work and explain reasons for true or false for each option.