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Andy, an employee, for this year, provides you his Total, End of this year Employment Earnings and Deductions: Salary $150,000 Deductions: CPP $3,167 EI Maximum,

Andy, an employee, for this year, provides you his Total, End of this year Employment Earnings and Deductions:

Salary

$150,000

Deductions:

CPP

$3,167

EI

Maximum, please look up on Payroll tables notes, as reviewed in class.

Income Tax

$60,000

Union Dues

$2,000

With regards to completing the annual end of this year's T4 Employee Slip, Statement of Renumeration , please choose the most correct answer:

T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar)

Box 14, will be $100,000

Box 16, will be, $4,167

Box 17, will be , $60,000

Box 44, will be, $2,000

Box 22, will be $40,000

T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar)

Box 14, will be $150,000

Box 16, will be, $850

Box 18, will be , $3,167

Box 44, will be, $2,000

Box 22, will be $40,000

T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar)

Box 14, will be $150,000

Box 16, will be, $3,167

Box 18, will be , $890

Box 22, will be $60,000

T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar)

Box 14, will be $150,000

Box 16, will be, $2898

Box 18, will be , $856

Box 20, will be, $60,000

Box 22, will be $40,000

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