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2. If a business deducts $26,500 in Canada Pension Plan contributions from its employees and $23,400 in Employment Insurance premiums, how much has to be

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2. If a business deducts $26,500 in Canada Pension Plan contributions from its employees and $23,400 in Employment Insurance premiums, how much has to be remitted in total to the Canada Revenue Agency? CPP EI Total Employee $26,500 $23,400 $49,900 Employer $26,500 $32,760 $59,260 Total $53,000 $56,160 $109,160

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