Question: Olson Bakers is determining the payroll amounts for the month ending June 30, 2022. Its employees earned a total of $5,000 in gross pay. Assume
Olson Bakers is determining the payroll amounts for the month ending June 30, 2022. Its employees earned a total of $5,000 in gross pay. Assume the following amounts:
| Canada Pension Plan | $212.5 |
| Employment Insurance | $87.5 |
| Federal and Provincial Income Tax | $1,250 |
| Health Insurance (employer contributes the same amount) | $175 |
| Union Dues | $200 |
Calculate the net pay to be paid to the employees.
Question 28Select one:
a.
$3,075
b.
$3,275
c.
$3,040
d.
$3,250
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