An employee earns $55,000 per year and is paid on a semi-monthly pay schedule. The employee enjoys the benefit of a company paid cell phone for personal use (cost is $150 per month) and receives 6% vacation pay on each payment. This pay cycle included 15 hours of approved overtime worked over the normal 40 hour work week and a reimbursement for travel expenses in the amount of $434.20. The employee contributes 5% of their regular wages to a Registered Retirement Savings Plan each pay cycle. The employee is 32 years old and has contributed $1,212.15 to Canada Pension Plan so far this year. The employee has contributed $460.37 to Employment Insurance so far this year. The employee is a Claim Code 1 both Federally and Provincially and works in Ontario. Use the PDOC to calculate Provincial and Federal tax deductions assuming the date of pay is March 7, 2015.

Calculate the net pay for this employee. Be sure to list all of the deductions from the employee's pay for this pay cycle. (Note: if you do not have access to the PDOC assume Federal Tax deduction = $394.93 and Provincial Tax deduction = $191.28) Based on 2019 rates and T4032.45 tables.

Type of Earning	Calculation	Amount
Gross Earnings Regular (Wages)	$ per year / pay periods in a semi-monthly cycle	$
Overtime (Wages)	hours x x Hourly Rate =	$
Vacation (Wages)		$
Travel Reimbursement (non-taxable allowance)		$
Total Gross Earnings		$
Deductions: Federal Tax Provincial Tax Canada Pension Plan Employment Insurance Registered Retirement Savings Plan Total	$	$ $ $ $ $
Net Earnings		$