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Cclarkc patrics owns a camel customs Clark Patrick owns Camel Customs, a company that restores vintage Ford Mustangs. He has twenty-five employees. The company's medical

Cclarkc patrics owns a camel customs

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Clark Patrick owns Camel Customs, a company that restores vintage Ford Mustangs. He has twenty-five employees. The company's medical and dental plan does not qualify under Section 125. Clark wants to perform a benefits analysis report for one of his employees, Gayle Rowe, for the year. Gayle's benefits package is as follows: Annual Salary: $60,000 401(k) contribution: 3 percent of annual salary, company match is 50 percent of employee contribution Medical insurance deduction: $200 per month Dental Insurance: $30 per month Required: Complete the following Benefits Analysis Report for Gayle Rowe for the year. Do not include FUTA and SUTA taxes. (Enter all amounts as positive values.) Yearly Benefit Costs Company Cost Gayle's Cost Medical insurance $ 30,900 Dental insurance $ 4,450 Life insurance $ 740 $ 0 AD&D $ 176 $ 0 Short-term disability $ 1,760 $ 0 Long-term disability $ 880 $ 0 401(k) Social Security Medicare Tuition reimbursement $ 7,400 $ 0 Total yearly benefit costs Gayle's annual salary Total value of Gayle's compensation

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