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Question: Chloe lives and works in Alberta. She earns $3,500.00 per month. Her employer provides all their employees with life insurance coverage of two times their annual salary. The employer pays the entire premium of $0.80 per $1,000.00 of coverage per month. Chloe pays union dues of $25.00 per monthly pay period. Calculate Chloe's Net Taxable Income assuming she is CPP exempt.
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