What is the correct amount of lauraes employment income

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Reference no: EM133412571

Question: Laurae is an engineer employed by a public company. She received a salary of $70,000 in 2022. She was awarded a bonus of $10,000 for work performed in 2022 but the bonus was not paid until January 2023. In addition, Laurae was provided with the following employee benefits:

-Registered pension plan contributions (employer portion) of $5,000

-Group term life insurance premiums of $900

Laurae's employment expenses were as follows:

-Registered pension plan contributions (employee portion) of $5,000

-Union dues of $1,100

-Professional dues to Professional Engineers Ontario of $1,200

Based on the above, what is the correct amount of Laurae's employment income for 2022?

Reference no: EM133412571

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