Question: Please help me solve this as soon as possible 6 WEL provides group medical coverage to all of its employees. The private health plan premiums

Please help me solve this as soon as possible 6 WEL providesgroup medical coverage to all of its employees. The private health planPlease help me solve this as soon as possible

6 WEL provides group medical coverage to all of its employees. The private health plan premiums paid by WEL on Lauren's behalf cost $1,020 for the year. 7 During the year, Lauren received two non-cash gifts from WEL, a season ski pass worth $900 and a Christmas gift certificate to a local spa for $175. Record the gifts separately, if taxable, on the two lines provided. 8 WEL provides life insurance coverage to all of its employees. The premiums paid by WEL on Lauren's behalf cost $500 for the year. 9 Lauren was granted options to buy 60 of the company's shares at $10 per share when she joined the staff of WEL. At that time, the shares had an assessed fair market value of $13 per share. On May 10, 2021, the shares are trading at $16 per share. She acquires 60 shares on that date and is still holding these shares on December 31. 10 Lauren is a part of the Canadian Mountaineers Association, and paid professional dues of $380 for 2021. 11 Due to a dog sledding accident Lauren breaks her collar bone and was off work for three months during 2021. She received a total of $6,100 in payments from the disability insurance company during this period. The premiums are $1000/year and were withheld from Laura's pay. 12 WEL provides Lauren with a vehicle that she uses to drive her clients on tours. The vehicle was used by Lauren throughout 2021, aside form the three months she was off work. WEL required her to return the car and keys. WEL pays all operating and maintenance costs, a total of $2,300 during the year. Details of the vehicle and kilometers driven are below. Total km drive Personal km driven 34,100 13,640 46,500 Cost of car (including GST and PST) Standby charge (reduced, if applicable) plus Operating cost benefit, which is the lesser of: 1/2 of reduced standby charge: Or $0.27/km x personal km Other - Indicate in column G 13 Lauren has renovated in order to have a separate area in her townhouse to be used exclusively to signing the contracts and meeting with clients. WEL will provide her with a signed form T2200 stating that she is required to pay for certain employment expenses without reimbursement and use a portion of her home for work. She used this work space between February 1 and December 31, 2021. Work space related expenditures are as follows: Mortgage Interest (total for 11 months) 9,724 Utilities (total for 11 months) 3,135 2,376 Home Insurance (total for 11 months) Property Tax (total for 11 months) Office Furniture 5,172 7,837 Total % square footage Total Deduction 8,370 46500*2%*9 4,185 8370/2 3,683 0.27*13640 If a deduction is not allowed, leave blank Show the deductions as negative. Multiply the total at the end 25% 6 WEL provides group medical coverage to all of its employees. The private health plan premiums paid by WEL on Lauren's behalf cost $1,020 for the year. 7 During the year, Lauren received two non-cash gifts from WEL, a season ski pass worth $900 and a Christmas gift certificate to a local spa for $175. Record the gifts separately, if taxable, on the two lines provided. 8 WEL provides life insurance coverage to all of its employees. The premiums paid by WEL on Lauren's behalf cost $500 for the year. 9 Lauren was granted options to buy 60 of the company's shares at $10 per share when she joined the staff of WEL. At that time, the shares had an assessed fair market value of $13 per share. On May 10, 2021, the shares are trading at $16 per share. She acquires 60 shares on that date and is still holding these shares on December 31. 10 Lauren is a part of the Canadian Mountaineers Association, and paid professional dues of $380 for 2021. 11 Due to a dog sledding accident Lauren breaks her collar bone and was off work for three months during 2021. She received a total of $6,100 in payments from the disability insurance company during this period. The premiums are $1000/year and were withheld from Laura's pay. 12 WEL provides Lauren with a vehicle that she uses to drive her clients on tours. The vehicle was used by Lauren throughout 2021, aside form the three months she was off work. WEL required her to return the car and keys. WEL pays all operating and maintenance costs, a total of $2,300 during the year. Details of the vehicle and kilometers driven are below. Total km drive Personal km driven 34,100 13,640 46,500 Cost of car (including GST and PST) Standby charge (reduced, if applicable) plus Operating cost benefit, which is the lesser of: 1/2 of reduced standby charge: Or $0.27/km x personal km Other - Indicate in column G 13 Lauren has renovated in order to have a separate area in her townhouse to be used exclusively to signing the contracts and meeting with clients. WEL will provide her with a signed form T2200 stating that she is required to pay for certain employment expenses without reimbursement and use a portion of her home for work. She used this work space between February 1 and December 31, 2021. Work space related expenditures are as follows: Mortgage Interest (total for 11 months) 9,724 Utilities (total for 11 months) 3,135 2,376 Home Insurance (total for 11 months) Property Tax (total for 11 months) Office Furniture 5,172 7,837 Total % square footage Total Deduction 8,370 46500*2%*9 4,185 8370/2 3,683 0.27*13640 If a deduction is not allowed, leave blank Show the deductions as negative. Multiply the total at the end 25%

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