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What will the operating benefit be for the employee

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Question - During 2019, TZ Company provided a leased automobile to an employee. The employee also used the automobile for personal purposes. During the year, the employee used this automobile for 15,000 kilometres in total, including 5,000 kilometres for personal use. The lease cost for this automobile was $4,000 for the year. What will the operating benefit be for the employee?

a) $1,200

b) $699

c) $666

d) $333

Reference no: EM132612648

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