Complete a current year Federal and Provincial TD$1$ form for the employee. And use these totals to identify the claim code for Federal and Provincial tax.

$(6$ Marks$)$

Note: Include these as additional attachments in the LEARN Dropbox $($either image file or document file$).$ Fillable forms are available on the CRA website.

Calculate the net payable, using the format below, for the last two bi$-$weekly pay periods $($note: each pay period covers a Sunday $-$ Saturday period with the last period in covering August $20,2024$ August $31,2024,$ showing all the appropriate sub$-$calculations of gross pays and deductions.

Linda Buckley has accepted an offer of employment with one of Diverse$$s competitors. Linda's last day at Diverse was August $23,2024.$ Linda has not taken any vacation. Prepare a Record of Employment for the employee. Hint: Use a calendar to help calculate all the required pay periods gross earnings and hours.

Pay method: Salary

Pay frequency: Bi$-$weekly

Number of hours worked per pay period $80/8$ hours per day

Pay rate: $$42,000$ annually

Start Date: March $11,2024$

Termination Date: August $23,2024$

Last pay period ending date: August $31,2024$

Extended Health Benefits $$10\mathrm{.}00$ per pay

Dental premium $$14\mathrm{.}00$ per pay

Registered Co$.$ Pension Plan $1\mathrm{.}6\%$ of gross pay per pay

Additional information:

Monthly downtown parking fees of $$63\mathrm{.}00($includes GST$)$ are paid by the employer and a prorated taxable benefit is included on each pay.

Diverse Enterprises was closed for the Civic Holiday in August and all salaried employees were paid for their regular hours$/$pay for the day.

Employees at Diverse work a Monday to Friday work week.

Linda Buckley is married and is supporting her husband who currently has no income. Linda claims her spouse on both her TD$1$ forms.

Linda$$s final pay included her vacation pay and regular pay

CPP rate is $5\mathrm{.}95\%$ and Ei is $1\mathrm{.}66\%$