Lakiesha is an employee who drives a 2020 Buick Verano as a company car The fair market value of the car is $28,545 She has been given the choice to have her fringe benefit reported on her W2 either using the lease value rule or the cents per mile rule According to Publication 15b, the lease value is $7,750 She has driven 4,500 miles for personal use and 31,250 miles in total during the year The car has been available for use on 200 days during the year Lakiesha's employer pays for all fuel.

What method and valuation will yield the lowest fringe-benefit amount for Lakiesha.