Using the following information, find the taxable value of the car benefit for the FBT year using the statutory formula method: Cost price of vehicle $45,000 Date purchased 1 April 2020 Total kilometres travelled 80,000 km Thereof, business kilometres travelled 35,000 km Employee contributions $1,250 Benchmark interest rate 5.65% Running costs (e.g. fuel, rego, etc.) $4,850 Note: the vehicle was available for private use every day during the period held. Select one: a. $9,000 b. $7,750 c. $5,850 d. $4,600