Claude Lopez is the president of Zebra Antiques. His employee, Dwight Francis, is due a raise. Dwight's current benefit analysis is as follows:

Yearly Benefit Costs	Company Cost (Current)	Employee Cost (Current)
Medical insurance	$ 6,600.00	$ 990.00
Dental insurance	$ 155.00	$ 155.00
Life insurance	$ 252.00	0
AD&D	$ 126.00	0
Short-term disability	$ 50.40	0
Long-term disability	$ 25.20	0
401(k)	$ 630.00	$ 1,260.00
Social Security	$ 2,533.01	$ 2,533.01
Medicare	$ 592.40	$ 592.40
Tuition reimbursement	$ 2,350.00	0
Total yearly benefit costs (employer)	$ 13,314.01
Employees annual salary	$ 42,000.00
Total value of employees compensation	$ 55,314.01

Required:

Compute the benefit analysis assuming:

• 7 percent increase in pay.
• 3 percent contribution to 401(k) will remain the same with a company match of 50 percent.
• 10 percent increase in medical and dental insurance premiums.

Claude Lopez is the president of Zebra Antiques. His employee, Dwight Francis, is due a raise. Dwight's current benefit analysis is as follows: Yearly Benefit Costs Medical insurance Dental insurance Life insurance AD&D Company Cost (Current) $ 6,600.00 $ 155.00 $ 252.00 $ 126.00 $ 50.40 $ 25.20 $ 630.00 $ 2,533.01 $ 592.40 $ 2,350.00 $ 13,314.01 $ 42,000.00 $ 55,314.01 Employee Cost (Current) $ 990.00 $ 155.00 0 0 0 0 $ 1,260.00 $ 2,533.01 $ 592.40 0 Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs employer) Employee's annual salary Total value of employee's compensation Required: Compute the benefit analysis assuming: 7 percent increase in pay. 3 percent contribution to 401(k) will remain the same with a company match of 50 percent. 10 percent increase in medical and dental insurance premiums. (Round your answers to 2 decimal places.) Yearly Benefit Costs Company Cost (New) Employee Cost (New) Medical insurance Dental insurance Life insurance 0 AD&D 0 0 0 Short-term disability Long-term disability 401(k) Social Security Medicare Tuition reimbursement Total yearly benefit costs (employer) Employee's annual salary Total value of employee's compensation 0