An employee has an annual salary of $48,700. They receive $1,530 in health insurance and $2,810 in paid time off per year. They drive their personal vehicle for work which costs them $500 per month, but the company reimburses them $0.53 per mile for the total work miles driven. If the employee drives 9,000 miles for work for the year, what will be their total employment compensation? a.
$43,130
b.
$51,810
c.
$57,810
d.
$59,470

Answer b. $51,810

Explanation:

0.53*9,000 = $4,770 reimbursed for driving.

500*12 = $6,000 spent in driving.

6,000-4,770= employee has to pay $1,230 for driving

48,700+1,530+2,810-1,230=51,810

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