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Melanie works for a large manufacturing company in Ontario. She earns an annual salary of...

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Accounting

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Melanie works for a large manufacturing company in Ontario. She earns an annual salary of $48,500.00 which is paid on a weekly basis. In addition to her regular pay, Melanie's group life insurance taxable benefit is $25.00 per pay. Melanie receives a car allowance of $200.00 per pay and Melanie contributes 5% of her base salary to her RRSP. Calculate her gross pensionable earnings (GPE) this pay. A/ Calculate her gross insurable earnings IGIE) this pay. A Calculate her Net Taxable income this pay. A/ Calculate her Federal Income Tax Deduction this pay. She is claim code 1

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