Rodney Atwater is a sales representative for American Silk Mills. Because he visits customer sites, he has
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Rodney Atwater is a sales representative for American Silk Mills. Because he visits customer sites, he has a company car. He drove 25,500 miles during 2021, of which he reported 15 percent was personal miles. Using the cents-per-mile rule, what is the valuation of this benefit for 2021?
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