Bay

ABC Company started their business on July 1, this year. ABC Company had two employees in this year: Jane and Larry. The payroll is run semi-monthly.

Larry estimates that his net income. this year, will be $10,000 for TD-1 purposes.

Assume Jane and Larry work the entire period from July 1 to December 31, this year, or 6 month.

The following payroll data was provided for Jane and Larry:

	Jane(80 yrs. old)	Larry(75 yrs. Old and Disabled)
Annual Salary	$24,000	$48,000
Claim Codes	TOTAL Income tax calculated for each paycheque is $200 per paycheque. (assumed and given; no need to calaculte income tax.	To determine
Spouse		60 years old Estimated Net Income: $50,000
	No Children	No Children
Tuition	none	$2,000, Seneca Part Time 4 months.
Private Pension Income from Sun Life Assurance.	none	Estimated, $5,000 per year (Pension Income)
Registered Pension Plan (RPP) Deduction	$50 per pay	$50 per pay

Jane's net paycheque for each pay this year is? Rounded to the nearest Dollar amount.