Sally works for Nikko Enterprises and earns $990 bi-weekly. She has just received a 2% pay increase, effective this current pay period. In addition, Sally is entitled to five weeks' vacation pay, which is paid each pay period.

Each pay, Sally also receives a group medical benefit of $40, which is shared 50/50 with her employer. She also receives an annual group term life insurance benefit of $1,250. Both plan values include applicable sales tax.

In addition, the following are other deductions from Sally's pay, each bi-weekly period; $12 for union dues, $28 for a company loan repayment and $7 toward an employee social fund.

Assume income taxes are calculated at a combined rate of 18%.

HINT: Complete Case 9 before you attempt this question!

Required:

1) Determine Sally's Net Pay for one bi-weekly pay period, and

2) What is the amount owing to the CRA for statutory deductions (PD7A)

NOTE: marks will be allocated for clearly labeling and providing calculations for EACH STEP of the process models outlined (Lessons 3&5)