Required information. Problem 12-38 (LO 12-3) (Algo) [The following information applies to the questions displayed below] Nicole's employer, Poe Corporation, provides her with an automobile allowance of $26,000 every other year. Her marginal tax rate is 32 percent. Answer the following questions relating to this fringe benefit. Problem 12-38 Part b (Algo) . What is Poe's after-tax cost of providing the auto allowance? Answer is complete but not entirely correct. After-tax cost 19,240

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