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Andy, an employee, for this year, provides you his Total, End of this year Employment Earnings and Deductions:
| Salary | $150,000 |
| Deductions: | |
| CPP | $3,167 |
| EI | Maximum, please look up on Payroll tables notes, as reviewed in class. |
| Income Tax | $60,000 |
| Union Dues | $2,000 |
With regards to completing the annual end of this year's T4 Employee Slip, Statement of Renumeration , please choose the most correct answer:
| | | T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar) Box 14, will be $100,000 Box 16, will be, $4,167 Box 17, will be , $60,000 Box 44, will be, $2,000 Box 22, will be $40,000 |
| | | T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar) Box 14, will be $150,000 Box 16, will be, $850 Box 18, will be , $3,167 Box 44, will be, $2,000 Box 22, will be $40,000 |
| | | T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar) Box 14, will be $150,000 Box 16, will be, $3,167 Box 18, will be , $890 Box 22, will be $60,000 |
| | | T4 Employee Slip, Statement of Renumeration, this Year: (rounded to the nearest dollar) Box 14, will be $150,000 Box 16, will be, $2898 Box 18, will be , $856 Box 20, will be, $60,000 Box 22, will be $40,000 |
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