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Truck Tyres Co., recorded gross salaries for the month amounting to $160,000. QPP deductions were $2,520, El deductions were $1,820. Income tax withheld was $50,000

Truck Tyres Co., recorded gross salaries for the month amounting to $160,000. QPP deductions were $2,520,

El deductions were $1,820. Income tax withheld was $50,000 and $2,400 was withheld for investment in company

stock per agreement with certain employees.

What would be the total amount to remit to the government given that Truck Tyres must remit income tax

deducted, QPP and El deducted as well as employer portion of QPP (match deduction from employee) and

El of 1.4 times deduction from employees?

Select one:

O a.

$61 808

O b. $59,408.

O c. $54,340.

O d.$59 168

Oe. $55,068.

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