Finley is an employee who drives a 2022 Ford C-Max with a fair-market value of $32,000. Finley has been given the choice to have the fringe benefit reported on the W-2 either using the lease-value rule or the cents-per mile rule. The lease value is $8,750, according to Publication 15-b. Finley drove 30,258 miles, 7,552 of it was for personal use. All gasoline was provided by the employer and the amount for personal use was charged back to Alec at $0.0585 per mile. If the car was available for 175 days during the year, what is the prorated annual lease percentage, using the lease-value rule? Note: Round the final answer to two decimal points. A. 47.95% B. 48.61% C. 52.05% D. 69.75%

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