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Information regarding Vancouver Inc.'s payroll for the period ending March 22 follows: Gross salaries and wage.............. CPP rate............... El rate.. Employee income tax............ Company pension

Information regarding Vancouver Inc.'s payroll for the period ending March 22 follows:

Gross salaries and wage..............

CPP rate...............

El rate..

Employee income tax............

Company pension deducted...

Union dues deducted...

$ 271,000

4.95%

1.66%

deducted $ 20,000

5% of gross salaries and wages

$950

Assume 100% of the gross salaries and wages are subject to CPP and El. Calculate the NET pay for this period.

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