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Question 9 [20 points] ABC Inc's three employees are paid monthly Each employee donates 5% of gross pay to United Way through payroll diductions Carter
Question 9 [20 points] ABC Inc's three employees are paid monthly Each employee donates 5% of gross pay to United Way through payroll diductions Carter Stark and Jerry Forrentes purchase Canada Savings Bonds through monthly payroll deductions of $200 and $250 respectively Complete the following payroll register for January, assuming that El is calculated at the rate of 100% CPP at 4.95% of annual earnings greater than $3 500 and less than $50100, and income taxes at 21 for Jerry Forrentes, 17% for Carter Stark, and 23% for Kevin Smith Please make sure your final iwwer(s) are accurate to 2 decimal places Deduction Pay Distan Canada Gross income LI Savings United Total Net Office Employee Pay Taxes Premium CPP Bonds Way Deduction Pay Sare Series Jerry Forrentes 2 125 2.125 Carter Stark 1.800 1.000 Kevin Smith 2050 2,050 Total 0575 1 000 4.775
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