Calculate the net taxable income

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Question - An employee in British Columbia earns $700.00 weekly, contributes 5% of their earnings to a Registered Retirement Savings Plan and pays union dues of $15.00 weekly. The employer also provides this employee with a non-cash taxable benefit of $6.00 weekly. Calculate the net taxable income.

a. $650.00

b. $656.00

c. $665.00

d. $685.00

Reference no: EM132855267

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