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

Yearly Benefit Costs Company Cost $($Current$)$ Employee Cost $($Current$)$

Medical insurance $ $7,300\mathrm{.}00$ $ $1,095\mathrm{.}00$

Dental insurance $190\mathrm{.}00190\mathrm{.}00$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.

Life insurance $384\mathrm{.}000$

AD&D $192\mathrm{.}000$

Short$-$term disability $76\mathrm{.}800$

Long$-$term disability $38\mathrm{.}400$

$401($k$)960\mathrm{.}001,920\mathrm{.}00$

Social Security $3,888\mathrm{.}333,888\mathrm{.}33$

Medicare $909\mathrm{.}37909\mathrm{.}37$

Tuition reimbursement $2,700\mathrm{.}000$

Total yearly benefit costs $($employer$)$ $ $16,638\mathrm{.}90$

Employee$$s annual salary $64,000\mathrm{.}00$

The total value of the employee$$s compensation $ $80,638\mathrm{.}90$

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.