You are working in the finance department at Auto Supply Inc. during your co-op work term. The CFO knows you have just taken a tax course and has asked you to do some research for him. The company is looking at possible employee benefit options and would like you to write a memo explaining whether each of the following would be considered taxable benefits of the employees. (1) Free parking. (2) Wedding or birthday gifts of up to $200. (3) All-expense paid holiday won as part of a sales contest. (4) The employee uses frequent flyer points for a personal trip. These points were earned as a result of business trips. (5) The company provides an employee discount of 24% on products sold by Auto Supply. (6) The company pays to provide financial counselling for all vice presidents, including the preparation of their personal tax returns. (7) The company will pay for annual professional dues for employees. For example, accountants and lawyers