This year, Bobs employer provided him with an employer-owned automobile costing $34,500 (including HST) for 12 months. His kilometres for personal use were 15,000 out of a total of 20,000 kilometres. Operating costs paid by his employer during this year were $3,600 (including HST). Which one of the following statements is TRUE for this year?

Select one:

A. Bobs minimum standby charge is $8,280.

B. Bobs minimum operating cost benefit is $2,700.

C. Bobs minimum operating cost benefit is $4,200.

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