Question: Olson Bakers is determining the payroll amounts for the month ending June 30, 2020. Its employees earned a total of $5,000 in gross pay.

Olson Bakers is determining the payroll amounts for the month ending June30, 2020. Its employees earned a total of $5,000 in gross pay.Assume the following amounts: Canada Pension Plan Employment Insurance Federal and ProvincialIncome Tax $212.50 $87.5 $1,250 Health Insurance (employer contributes the same $175amount) Union Dues $200 Calculate the net pay to be paid tothe employees. Select one: a. $3,075 b. $3,275 c. $3,250 d. $3,040image text in transcribed

Olson Bakers is determining the payroll amounts for the month ending June 30, 2020. Its employees earned a total of $5,000 in gross pay. Assume the following amounts: Canada Pension Plan Employment Insurance Federal and Provincial Income Tax $212.50 $87.5 $1,250 Health Insurance (employer contributes the same $175 amount) Union Dues $200 Calculate the net pay to be paid to the employees. Select one: a. $3,075 b. $3,275 c. $3,250 d. $3,040

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