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Adam is an electrical engineer who is paid $ 4 , 5 0 0 bi - weekly. Adam s employer provided him with a safety

Adam is an electrical engineer who is paid $4,500 bi-weekly. Adams employer provided him with a safety clothing allowance of $200 this pay period and routinely pays for his coverage in a group term life insurance plan, worth $20.75 per pay period. Adam has not maxed out for CPP & EI purposes.
For one bi-weekly pay period, determine;
a) Gross Taxable Income
b) Net Taxable Income & Income Taxes (calculate at 22% combined)
c) Gross Pay (Cash Income)
d) Pensionable Earnings & CPP
e) Insurable Earnings & EI
f) Net Pay

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