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BTN, Inc., provided a car to its new sales manager, Evey Hammond, for all of 2006. Evey drove the car 12,000 miles for BTN's business during the year, and 4,000 miles for personal reasons. The value of the availability of the car for the year was $3,500. What amount is included in Evey's income for 2006? Ok... I am not sure if this is the answer but.... Let us know when you have the answer |
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