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	$ 7,400.00	$ 1,110.00
Dental insurance	195.00	195.00
Life insurance	348.00	0
AD&D	174.00	0
Short-term disability	69.60	0
Long-term disability	34.80	0
401(k)	1,740.00	3,480.00
Social Security	3,515.09	3,515.09
Medicare	822.08	822.08
Tuition reimbursement	2,750.00	0
Total yearly benefit costs (employer)	$ 17,048.57
Employees annual salary	58,000.00
The total value of employees compensation	$ 75,048.57

Required:

Compute the benefit analysis assuming:

3 percent increase in pay.

Dwight will increase his 401(k) contribution to 8 percent with a company match of 50 percent up to 6 percent of the employee's annual salary.

15 percent increase in medical and dental insurance premiums.

(Round your answers to 2 decimal places.)

\begin{tabular}{|l|l|l|} \hline Yearly Benefit Costs & Company Cost (New) & Employee Cost (New) \\ \hline Medical insurance & & \\ \hline Dental insurance & & 0 \\ \hline Life insurance & & 0 \\ \hline AD\&D & & 0 \\ \hline Short-term disability & & 0 \\ \hline Long-term disability & & \\ \hline 401(k) & & \\ \hline Social Security & & \\ \hline Medicare & & \\ \hline Tuition reimbursement & & \\ \hline Total yearly benefit costs (employer) & & \\ \hline Employee's annual salary & & \\ \hline The total value of employee's compensation & & \\ \hline \end{tabular}