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Regular Income Tax Calculation Mary receives a regular monthly salary of $ 4 , 0 0 0 . She works in Ontario and claims federal

Regular Income Tax Calculation
Mary receives a regular monthly salary of $4,000. She works in Ontario and claims federal and
provincial code 1. Using the 2022 rates, calculate her CPP. EI, and income tax deductions for
one month. What is her net pay?
Mary was highly valued and respected employee, this month, in additions to her salary, she had
also recerved the following gifts and awards:
iPad for her wedding anniversary $300
Painting for birth of a granddaughter $250
Fitbit wristwatch, heing a reward for exceeding her sales quota $350
Long service award Gold nuggel $250
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