Lisa Chiu is a 17-year-old student working part-time in British Columbia. Her wages for the current bi-weekly pay period total $450 and the employer pays $22 per month for life insurance premiums. Personal tax exemption claimed is basic I for federal and provincial purposes. 1. Pensionable income is: (LO1, 2, 3) a) 0 b) $450.00 c) $460.15 d) $461.00 2. Insurable income is: (LO1, 2, 3) a) 0 b) $450.00 c) $460.15 d) $461.00 3. Gross taxable income is: (L01, 2, 3) a) 0 b) $450.00 c) $460.15 d) $461.00 4. Federal tax from the 2021 T4032 BC is: (L01, 2. 3) a) 0 b) $65.80 c) $0.45 d) $0.35 Page 52