An employee who earns $1,060 bi-weekly received an increase of 4.8%, which was applied retroactively for 14 pay periods. Assume the employee is taxed @ 15% before their increase and is now taxed @ 18%. There will not be any CPP or EI max out. Ignore VK entitlements. Required: Calculate the net pay owing, including all applicable statutory deductions, assuming the employee will receive the retro-active pay on the same cheque as their new regular earnings. NOTE: Input answers below and demonstrate ALL calculations. Gross Regular Pay Owing = $ Gross Retro Pay Owing = $ CPP = $ EI = $ Income Taxes = $