a) ABC gross payroll for April is $65000. The company deducted $3600 for CPP, $1000 for EI and $15000 for income taxes from the employee’ cheques. What is ABC’s contribution to CPP?

b) ABC gross payroll for April is $67000. The company deducted $2600 for CPP, $1200 for EI, and $12500 for income taxes from the employees’ cheques. What is ABC’s contribution to EI?

c) As of 1/1/2020, ABC Inc., had total assets of $800000, and total shareholder’s equity of $800000. ABC can invest $110000 in a new project that will generate an annual return of $12000. What will the return on equity be if ABC issues equity to finance the new project, if the income before the new project is $380000? (answer in percent, round all interim calculations to 4 decimal points)

d) As of 1/1/2020 ABC Inc., had total assets of $1100000 and total shareholders’ equity of $1100000. ABC can invest $83000 in a new project that will generate an annual return of $28000. ABC can borrow $83000 at an interest rate of 11% to finance the new project. What will the return on equity be if ABC borrows to finance the new project, if the income before the new project is $280000?