Question: In the current year, Ms. Patel is provided with a vehicle leased by her employer, Everex Lid. The vehicle originally cost $30.000 and was leased

 In the current year, Ms. Patel is provided with a vehicle

In the current year, Ms. Patel is provided with a vehicle leased by her employer, Everex Lid. The vehicle originally cost $30.000 and was leased by Everex Ltd. in the prior year, on a 36-month lease term. The vehicle is made available for Ms. Patel for the entire year. Ms. Patel provides you with the following information: View the information. The minimum standby charge arising from the employer leased vehicle for Ms. Patel in the current year is: - X KA. $4,373 Information B. $6,560 O C. $2,320 . Days the vehicle was used by Ms. Patel in the current year: 250 OD. $3,279 . Days the vehicle was leased by Everex Lid. in the current year: 365 . Fair market value of the vehicle in the current year: $14,500 . Lease payments (including HST, excluding insurance): $820 per month . Total kilometres driven in the current year: 29,000 . Personal kilometres driven in the current year: 15,000 Print Done

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