Ms. Taylor Milden is provided with an automobile by her employer. The employer acquired the automobile in 2018 for $25000, including sales tax. During 2019, Ms. Milden drives the automobile for a total for 23500 kilometers, 9000 of which were related to employment duties. The automobile is available to Ms. Milden throughout the year. What is Ms. Milden's 2019 operating cost benefit for the use of this automobile? Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response. Your Answer:
Ms. Taylor Milden is provided with an automobile by her employer. The employer acquired the automobile in 2018 for $25000, including sales tax. During 2019, Ms. Milden drives the automobile for a total for 23500 kilometers, 9000 of which were related to employment duties. The automobile is available to Ms. Milden throughout the year. What is Ms. Milden's 2019 operating cost benefit for the use of this automobile? Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response. Your Answer:
Chapter6: Deductions And Losses: In General
Section: Chapter Questions
Problem 26CE
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT