Question: Does the screenshot provided look like we calculated the balance sheet for an international assignment moving from Cupertino CA USA --> Sydney Australia correctly? The

Does the screenshot provided look like we calculated the balance sheet for an international assignment moving from Cupertino CA USA --> Sydney Australia correctly? The only original information we had was that we had a base salary of 400,000 and bonus of 120,000 with a family of 4 to relocate

Does the screenshot provided look like we calculated the balance sheet for

REFERENCE Exhibit 11.6, page 355 of Textbook Base Salary $ 400,000.00 Bonus $ 120,000.00 Family Size Home 4 Family Size at Post 4 Location: Cu ertino CA U.S. V ORC Goods and Service Index 113.09 Foreign Exchange Rate 1.31 Effective Date 2111121 COMPENSATION SUMMARY Base Salary Bonus Hypothedical Federal Tax Rate Hypothedical State Tax Rate Social Security Net Income Home Country plus: Good and Services Differential Home Housing Norm Foreign Housing Cost Incremental Assignment Allowances Net Income on Assignment --> S dne AUS 400,000.00 120,000.00 (182,000.00) ' (58,760.00) : 18 853.60! 270,386.40 52,360.00 ' (45,660.00) ' 44400.00 321,486.40 Recommended Method of Pay (used to determine rate at left) Portion Paid in Assignment Location Goods and Services Spendable Income Goods and Services Differential Host Spendable Foreign Housing Cost ASSIGNMENT LOCATION TOTAL Portion Paid in Host Country Base Salary Bonus Goods and Services Spendable income Home Housing Norm Hypothetical Income Tax Social Security Tax HOME COUNTRY TOTAL NET COMPENSATION US$ 52 350.00 44 400.00 96,750.00 522,000.00 150,000.00 (52,360.00) (45,660.00) ' (314,191.80) 8 853.60 257 534.60 _1 354 294.60 _1 009260146782 Australia$ 68 329.80 68,329.00

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