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26. John Peterson was employed by an insurance company in, Lethbridge, Alberta since July 1986. He was earning $1800 biweekly when his employment was terminated

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26. John Peterson was employed by an insurance company in, Lethbridge, Alberta since July 1986. He was earning $1800 biweekly when his employment was terminated on January 13, 2019. Upon termination, John receives six months severance plus his outstanding vacation pay of $2400. John did not participate in a company-sponsored RPP or a deferred profit sharing plan. 1) Calculate the amount of severance pay. John will receive. 2) calculate the EI premium for John's final pay. Earnings. 3) How much of John severance pay is eligible to transfer to an RRSP 4) Calculate the tax to be deducted on the remaining severance pay, if John had $15,000 of severance pay transferred to an RRSP

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