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Question - Christine works for Marian Transport in Québec and is paid $962.35 weekly. Her employer provides group term life insurance coverage and pays 100 % of the premiums for Christine's coverage. This non - cash taxable benefit is $22.00 per pay. She contributes 4 % of her gross earnings to the company's Registered Pension Plan each pay and pays $ 16.00 for union dues. Her federal TD1 claim code is 3 and her provincial TP - 1015.3 - V deduction code is C. Christine will not reach the Québec Pension Plan, Employment Insurance or Québec Parental Insurance Plan annual maximums this pay period. Calculate Christine's net pay, following the steps in the payroll calculation template.
Financial Statement Analysis and Preparation
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