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Step 1. Laura Tremblay works far Blossom Cosmotics in Alberta and is paid an annual salary of $53,270.00 on a bi-weekhy bosis. Earlier this year

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Step 1. Laura Tremblay works far Blossom Cosmotics in Alberta and is paid an annual salary of $53,270.00 on a bi-weekhy bosis. Earlier this year Lasura received a pertormance bonut of $3,52500 she was recenty awarded a $5,450.00 bonus for her process improvement supgestons which wa be paid separately from her regular pay. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums tor Canado Pension. Plan or Employment insurance with this payment. Calculate the employeo's net second bonus, following the order of the steps in the net poy template. Calculate the employed's gross earnings for this pary sep2= Calculate the pensionable eamings (PE) Step 3 - Colculate the hsurable earning (it) Calculate the net taxable income (CRA) Step 5 - Calculate the net taxable income (RQ) Step 6 - Calculate the employee's Canada Pension Plan contribution on the bonus payment. Calculate the employee's Employment Insurance premium on the bonus payment. Step 8 - Calculate the employee's Quebec Parental Insurance Plan premium on the bonus payment. Step 9 - Calculate the employee's federal income tax on the bonus payment. Step 10 - Calculate the employee's provincial income tax on the bonus payment. Step 11 - Calculate the total deductions. Step 12 - Calculate the employee's net second bonus

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