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Question: Complete T4 slip, all required details with the attached photos. Freehold Foods, an Alberta organization, is preparing its year-end information slips. Laurie had worked

Question: Complete T4 slip, all required details with the attached photos.

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Freehold Foods, an Alberta organization, is preparing its year-end information slips. Laurie had worked for the company in their Calgary office from July 1982 until her employment was terminated last year. When her employment was terminated, she was fully vested in the company's defined contribution registered pension plan, which she joined in July 1984. Upon termination of employment, Laurie received a retiring allowance of $54,000.00. Laurie had her employer transfer the entire eligible amount to a RRSP and took the non-eligible amount in cash. Calculate the eligible and non-eligible portions of Laurie's retiring allowance as well as the income tax withheld on the amount received in cash. Include these amounts when completing Laurie's T4 slip. The $24,160.00 income tax shown on the year-end payroll register does not include the tax amount withheld on the retiring allowance. Complete Laurie's T4 slip using the information from the year-end payroll register below. Note: The boxes in the Other Information area of the T4 must be completed in numerical order. You can hide/show this information by clicking SCENARIO above.Item Amount Regular earnings $60,400.00 Vacation pay $4,278.00 Bonus pay $6,250.00 Overtime pay $690.34 Taxable clothing allowance $725.00 Wages in lieu of notice $11,950.00 Retiring allowance $54,000.00 CPP contributions $2,748.90 El premiums $860.22 Income tax $24,160.00 CPP pensionable earnings $57,400.00 El insurable earnings $53,100.00 Union dues $480.00 Charitable donations $275.00 Employee contributions to the Registered Pension Plan $4,250.00 Employer contributions to the Registered Pension Plan $3,925.00 Registered Pension Plan number 1234567 Loan interest non-cash taxable benefit $1,889.85 Automobile non-cash taxable benefit $1,936.49 Group term life insurance non-cash taxable benefit $1,175.00 Accidental death and dismemberment non-cash taxable benefit $23.75Employer's name - Nom de l'employeur Canada Revenue Agency Agence du revenu du Canada T4 Year Annee Statement of Remuneration Paid Etat de la remuneration payee mployment income - line 10100 Revenus d'emploi - ligne 10100 Income tax deducted - line 43700 Impot sur le revenuretenu - ligne 43700 14 22 Protected B when completed / Protege B une fois rempli 54 Employer's account number / Numero de compte de l'employeur Province of employment Province d'emploi Employee's CPP contributions - see over Cotisations de l'employe au RPC - voir au verso El insurable eamings Gains assurables d'AE 10 16 24 Social insurance number Exempt - Exemption Numero d'assurance sociale CPP/QPP EI PPIE 12 Employment code 28 Code d'emploi Employee's QPP contributions - see over Cotisations de l'employe au RRQ - voir au verso CPP/QPP pensionable earnings Gains ouvrant droit a pension - RPC/RRQ 29 2 RPC/RRQ AE RPAP 17 Employee's name and address - Nom et adresse de l'employe Employee's El premiums - line 31200 Cotisations de l'employe a l'AE - ligne 31200 Union dues - line 21200 Cotisations syndicales - ligne 21200 Last name (in capital letters) - Nom de famille (en lettres moulees) First name - Prenom Initial - Initiale 18 44 RPP contributions - line 20700 Cotisations a un RPA - ligne 20700 Charitable donations - line 34900 ons de bienfaisance - ligne 34900 20 46 Pension adjustment - line 20600 Facteur d'equivalence - ligne 20600 APP or DPSP registration number Jo d'agrement d'un RPA ou d'un F 52 50 Employee's PPIP premiums - see over Cotisations de l'employe au RPAP - voir au verso PPIP insurable earnings Gains assurables du RPAP 55 56 Box - Case Amount- Montant Box - Case Amount - Montant Box - Case Other information Amount - Montant see over) T4 (20) Autres Box - Case Amount- Montant Box - Case Amount - Montan Box - Case Amount - Montant renseignements (voir au verso) Employer's name - Nom de l'employeur Canada Revenue Agency Agence du revenu lu Canada T4 Year Annee Statement of Remuneration Paid Etat de la remuneration payee Employment income - line 1010 Revenus d'emploi - ligne 10100 Income tax deducted - line 43700 Impot surle revenue retenu - ligne 43700 14 22 Protected B when completed / Protege B une fois rempli 54 Employer's account number / Numero de compte de l'employeur Province of employment Employee's CPP contributions - see over Province d'emploi Cotisations de l'employe au RPC - -voir au verso El insurable eamings Gains assurables d'AE 10 16 24 Social insurance number Exempt - Exemption Numero d'assurance sociale CPP/QPP EI PPIP 12 Employment code Employee's QPP contributions - see over 28 Code d'emploi Cotisations de l'employe au RRQ - - voir au verso CPP/QPP pensionable earnings Gains ouvrant droit a pension - RPC/RRQ 29 26 PO/RRQ AE RPAP 17 Employee's name and address - Nom et adresse de l'employe Employee's El premiums - line 31200 Cotisations de l'employe a l'AE - ligne 31200 Union dues - line 21200 Cotisations syndicales - ligne 21200 Last name (in capital letters) - Nom de famille (en lettres moulees) First name -Prenom Initial - Initiale 18 44 RPP contributions - line 20700 Cotisations a un RPA - ligne 20700 Charitable donations - line 34900 ons de bienfaisance - ligne 34900 20 46 Pension adjustment - line 20600 Facteur d'equivalence - ligne 20600 RPP or DPSP registration number I'd'agrement d'un RPA ou d'un RPDE 52 50 Employee's PPIP premiums - see over otisations de l'employe au RPAP - voir au verso PPIP insurable earnings Gains assurables du RPAP 55 56 Box - Case Amount- Montant Box - Case Amount - Montan Box - Case Other information Amount - Montant (see over) T4 (20) Autres Box - Case Amount- Montant Box - Case Amount - Montant Box - Case Amount - Montant renseignements (voir au verso)

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