Study the Employee Earnings Record for J.C. Jenkins in Exhibit 11-8, page 665. In addition to the amounts shown in the exhibit, the employer also paid all employee benefits plus
(a) An amount equal to 5 percent of gross pay into Jenkins' pension retirement account,
(b) Dental insurance for Jenkins at a cost of $35 per month and parking of $10 per month.
Compute the employer's total payroll expense for employee Jason C. Jenkins during 2012. Carry all amounts to the nearest cent.
Exhibit 11-8

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Social Insurance No.: 978-010-789 Employee Name and Address: Marital Status: Married Jenkins, Jason C. Net Claims Code: 4 1400 Camousen Crescent Pay Rate: $700 per week; overtime $26.25 per hour. Job Title: Salesperson Victoria, BC V5J 5K9 Gross Pay Deductions Net Pay Federal Income Tax Canada Province Pension Employment United Plan Straight Time Week Hours of BC Income Tax Amount Cheque No. To Date Insurance Ended Overtime Total Way Total 16.85 Jan. 4 40 700.00 700.00 700.00 49.50 31.32 12.81 2.00 112.48 587,52 403 700.00 700.00 35,437.50 Dec. 3 40 49.50 16.85 31.32 12.81 2.00 112.48 587.52 1525 700,00 700.00 36,137.50 112.48 Dec. 10 40 49.50 16.85 31.32 12.81 2.00 587.52 1548 805.00 | 36,942.50 700.00 1574 Dec. 17 44 105.00 64.05 24.10 36.52 14.73 2.00 141.40 663.60 Dec. 24 910.00 37,852.50 48 700.00 210.00 84.95 31.75 41.71 16.65 2.00 177.06 732.94 1598 Dec. 31 46 700.00 157.50 857.50 38,710.00 73.15 28.20 39.11 15.68 2.00 158.15 699.35 1632 Total 2,310.00 38,710.00 38,710.00 3,302.20 7,119.64 31,590.36 1,273.05 1,732.00 708.39 36,400.00 104.00