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Joe,an employee,for this year,provides you his Total,End of this year Employment Earnings and Deductions: Salary $100,000 Deductions: CPP $3,500 EI Maximum,please look up on Payroll

Joe,an employee,for this year,provides you his Total,End of this year Employment Earnings and Deductions:

Salary

$100,000

Deductions:

CPP

$3,500

EI

Maximum,please look up on Payroll tables notes,as reviewed in class.

Income Tax

$40,000

Union Dues

$2,000

Assuming Joe is the Company ABC'sONLY employeefor the entire year,this year, What isthe amount inBOX 80,with regards to completing this year'sT4 SUMMARY Form for CRA?

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