The employer has provided the facility of a 1.8 litre (c.c) car. The car is used for private purposes also and all the expenses including the driver salary are borne by the employer. The expenses of employer during the previous year amounted to Rs. 60,000 and the employer has recovered Rs 1000 per month from the employee for this facility. What amount per year shall be reduced by the employer from actual amount of expenditure.
1
32,400
2
16,800
3
39,600
4
21,600