Net Pay Calculations Assignment
Marie Michaud works for Adams Photography in Alberta and earns an annual salary of $52,500.00 paid on a monthly basis. The company's benefit package includes group term life insurance coverage of two times annual salary; the monthly group term life insurance premium rate is $0.71 per $1,000.00 of coverage. Employer pays the insurer 100% of the cost of the life insurance coverage premium. Marie also receives a taxable car allowance of $35.00 every pay for using her own car to go to client appointments. Her federal and provincial TD1 claim codes are 1. Marie will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period. Calculate the employee's net pay, following the order of the steps in the net pay template. Select the pay component from the drop-down list for the first step of the payroll calculation template
Click in the boxes below and select the pay component from the drop-down list	Enter Amount