Question: Question 3.1.23 Question Help In the current year, Ms. Patel is provided with a vehicle leased by her employer, Everex Ltd. The vehicle originally cost

 Question 3.1.23 Question Help In the current year, Ms. Patel is

Question 3.1.23 Question Help In the current year, Ms. Patel is provided with a vehicle leased by her employer, Everex Ltd. The vehicle originally cost $30,000 and was leased by Everex Ltd. in the prior year, on a 36-month lease term. Ms. Patel provides you with the following information: Days the vehicle was available for use by Ms. Patel in the current year: 250 Days the vehicle was leased by Everex Ltd. 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 The minimum standby charge arising from the employer leased vehicle for Ms. Patel in the current year is: O A. $4,373 O B. $2,320 OC. $3,279 OD. $6,560

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