Critical Thinking $6-2($Algo$)$

Kai is the president of Zebra Antiques. An employee, Reese Francis, is due a raise. Reese's current benefit analysis is as follows:

Required:

Compute the benefit analysis assuming:

$3$ percent increase in pay.

Reese will increase the $401(k)$ contribution to $8$ percent with a company match of $50$ percent up to a $3$ percent contribution by the

employer.

$15$ percent increase in medical and dental insurance premiums.

Note: Round your answers to $2$ decimal places.