23. Phan To is the Manager, Operations at Milton Co. in Taber, Alberta and is paid an annual salary of $62,496.00, on semi-monthly basis. She has a claim code of 2 on her federal and provincial TD1 forms. Phan receives a taxable monthly car allowance of $100.00, paid on a pay period basis. The company pays 100% of the premiums of the employees' group term life insurance coverage; Phan's life insurance coverage is two times her annual salary. Phan also has $200,000.00 of optional life insurance coverage. The premium rate for the group term life insurance is $0.45 per $1,000.00 of coverage and Phan's optional life insurance rate is $0.54 per $1,000.00 of coverage. All benefits are assessed on a pay period basis. Phan contributes $200.00 per pay to her Group RRSP and donates $10.00 per pay to United Way. The company has received a CRA Requirement to Pay Notice of Phan. The notice states that the company must withhold and remit 30% of Phan's net pay to the CRA on a pay period basis. Net pay is defined as all monies paid to the employee, less statutory deductions. Calculate Phan's net semi-monthly pay and perform the journal entries. (25 Marks) Sdla