Pension deductions are 5%(assume there is no maximum)

Employment Insurance deductions are 2.4%(assume there is no maximum)

And Income Tax deductions are as follows

For annual salaries, on the first $11,000, no income tax is paid,

On the first $11,000 to $25,000, 8% of the gross income is deducted,

On the first $25,000 to $50,000, 12% of the gross income is deducted,

On the first $50,000 to $100,000,15% of the gross income is deducted,

And on the rest of the income, 20% of that gross income is deducted.

Henry makes an annual gross salary of $70,000, what is his net salary?