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Please calculate Mary's current year Auto Benefit for Employment Income pruposes: Cost...

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Accounting

  1. Please calculate Mary's current year Auto Benefit for Employment Income pruposes:

    • Cost of Automoble is $30,000
    • 12 months use; all auto expenses paid by employer
    • % of Employment Use: 30%
    • Total Kilometers is 10,000Km
    • (hint KM fee is $.28 cents per Kilometers)

    The TOTAL Auto (Standby plus Operating) Benefit is?

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