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Critical Thinking 6-2 (Algo) Claude Lopez is the president of Zebra Antiques. His employee, Dwight Francis, is due a raise. Dwight's current benefit analysis is

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Critical Thinking 6-2 (Algo) 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 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 Company Cost Employee Cost (Current) (Current) $ 6,700.00 $1,005.00 $ 160.00 $ 160.00 $ 264.00 $ 132.00 0 $ 52.80 0 $ 26.40 0 $ 660.00 $1,320.00 $ 2,655.77 $2,655.77 $ 621.11 $ 621.11 $ 2,400.00 0 $13,672.08 44,000.00 $57, 672.08 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

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