Question: Bob earns $ 5 5 , 0 0 0 per year and is paid on a semi - monthly pay schedule. Bob enjoys the benefit

Bob earns $55,000 per year and is paid on a semi-monthly pay schedule. Bob enjoys the benefit of a company paid cell phone for personal use (cost is $150 per month) and receives 6% vacation pay on each payment. This pay cycle included 15 hours of approved overtime worked over the normal 40-hour work week, and a reimbursement for travel expenses for $434.20. The employee contributes 5% of their regular wages to a Registered Retirement Savings Plan each pay cycle.
REQUIRED: Calculate Bobs Gross Earnings.

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