Question: ANSWER In the current year, Mr. Nguyen is provided with a vehicle owned by his employer, Translux Inc. The vehicle was originally purchased by Translux

ANSWER

In the current year, Mr. Nguyen is provided with a vehicle owned by his employer, Translux Inc. The vehicle was originally purchased by Translux Inc. five years ago for $29,500 (including HST). Mr. Nguyen is required by Translux to use the automobile for employment purposes. Nguyen provides you with the following information: View the information. What is the minimum standby charge arising from the employer owned vehicle for Mr. Nguyen in the current year? Round your answer to the nearest whole dollar. . . . O A. $4,247 OB. $5,310 O C. $7,080 O D. $2,250

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