question 4.5and 6

Question 4 (1 point) During the year, Ms. Green's employer provides her with an automobile for 11 months of the year. It cost $58,760, including applicable HST. She drives it a total of 62,000 kilometers. Of the total kilometers driven, 16,000 relate to personal use of the automobile. The employer pays all maintenance costs which total $9,200 for the year. What is the minimum taxable benefit for the use of the automobile that will be assessed to Ms. Green for the year if the prescribed rate is $0.25? $17,248 $ 16,920 $15,280 $14,660 Question 5 (1 point) Cindy works for Sky Manufacturers, a public corporation. In 20X1 she was offered an option to purchase shares at $15 per share from her employer. The fair market value on that day was $17 per share. The option had a four year exercise time-limit. Cindy exercised her option in 20x3 and purchased 500 shares. The fair market value at that time was $21 per share. What is Cindy's tax treatment of this option in the year 20X3? A) $3,000 taxable benefit and a 50% security option deduction B) $3,000 taxable benefit and no security option deduction C) $2,000 taxable benefit and a 50% security option deduction D) $2,000 taxable benefit and no security option deduction Question 6 (1 point) Which of the following factors are used by the courts in order to determine a taxpayer's status as an employee or a self-employed contractor? A) control test, employer test, chance of lawsuit, integration test B) control test, ownership of tools test, chance of profit and loss, integration test C) control test, employer test, chance of profit and loss, integration test D) control test, ownership of tools test, chance of lawsuit, integration test