Alex works for ABCcompany. Annual Salary $99,000. Vacation pay 6%, Pay period frequency: Monthly. Number of hours required to work monthly is 150. Any hours over 155 is considered overtime. Hours worked 158. ABC companys employees have group life insurance coverage of Fourtimes their annual salary, paid 100% by the company. The company rate is $1.69 per $1,000 of coverage per month.

Calculate:

1. Vacation Pay Out
2. Gross Pay
3. Hourly Rate
4. Overtime hourly rate
5. Taxable Benefit
6. EI Premium
7. CPP Premium
8. Net Pay