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Calculate net employment for the year 2019 taxation year. Provide reasons for omitting items that you have not included in your calculations. Ignore all GST

Calculate net employment for the year 2019 taxation year. Provide reasons for omitting items that you have not included in your calculations. Ignore all GST implications.

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me Left:0:35:50 Mukesh Mangia: Attempt 1 Ms. Marsh has been employed by the Ace Distributing Company for the past three years. During 2019, the following amounts were credited to Ms. Marsh's payroll account: . Salary of $40,500 as per her employment contract. . Reimbursement of employment related travel costs as per invoices supplied by Ms. Marsh totalling $4,250 . Reimbursement of $1, 100 in tuition fees for a work related course. . A $1,560 dividend on Ace Distributing Company shares acquired through the employee purchase program. . Fees of $1,200 for serving as the employee's representative on the Company's board of directors. From the preceding credits to Ms. Marsh's payroll account, the following amounts were withheld by the Company: Income taxes $6,423 Premiums on group medical insurance 342 Contributions to registered pension plan 1,400 With respect to the registered pension plan, the Company also made a $1,400 contribution on behalf of Ms. Marsh. In addition to the preceding, Ms. Marsh made the following payments during the year: Dental expenses $1,250 Charitable donations 275 Cost of gym membership under corporate plan 2,800 Tuition fees for work related course (reimbursed) 1,100 Life insurance premiums 850 Cost of travel to and from place of employment 620 Cost of employment related travel (reimbursed) 4,250 The dental expenses were not covered by her medical insurance. Required: Calculate Ms. Marsh's net employment income for the 2019 taxation year. Provide reasons for omitting items that you have not included in your calculations. Ignore all GST implications. Input full solution in Excel Answer Template. O X DELL FS O: prtsc F6 F9 imprecr. home end F7 F8 F10 debut fin F11 insert F12

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