Gloria Thibideau works for Blossom Cosmetics in Alberta and is paid an annual salary of $56,390.00 on a semi-monthly basis. Earlier this year Gloria received a performance bonus of $3,000.00. She was recently awarded a $5,675.00 bonus for her process improvement suggestions which will be paid separately from her regular pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment.

Calculate the employee's net second bonus, following the order of the steps in the net pay template.

Step 1 -

Calculate gross earnings for this pay period.

Question 3

Step 2 -

Calculate the pensionable earnings (PE)

Question 4

Step 3 -

Calculate the insurable earning (IE)

Question 5

Step 4 -

Calculate the net taxable income (CRA)Question 6

Step 5 -

Calculate the net taxable income (RQ)

Question 7

Step 6 -

Calculate Quebec Pension Plan contribution.

Question 8

Step 7 -

Calculate Employment Insurance premium.

Question 9

Step 8 -

Calculate Quebec Parental Insurance Plan premium.

Question 10

Step 9 -

Determine federal income tax.

Question 11

Step 10 -

Determine Quebec provincial income tax.

Question 12

Step 11 -

Calculate total deductions

Question 13

Step 12 -

Calculate net pay.