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SAT 16. The NEN 16. Thorold Industries completed the T4 slips for its employees. Given the following information, calculate the amount the company would report
SAT 16. The NEN 16. Thorold Industries completed the T4 slips for its employees. Given the following information, calculate the amount the company would report on line 80 of the T4 Summary form. Thorold had a reduced Employment Insurance rate of 1.238 for the taxation year. Employee Canada Pension Plan (CPP) contributions: $45,985.72 Employee Employment Insurance (EI) premiums: $38,922.84 Employee income tax deducted: $394,720.44
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