How much is the fringe benefit tax for the third quarter

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Question - On July 31, 2022, Jackie Corp. bought three vehicles, each with five years of useful life, costing:

Vehicle 1 - 1,500,000 (assigned for use of a manager)

Vehicle 2 - 1,000,000 (transferred ownership in the name of a supervisor)

Vehicle 3 - 800,000 (assigned for use of an associate)

Required - How much is the fringe benefit tax for the third quarter?

Reference no: EM133145237

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