Question: Use the information below to answer questions 4 - 6. Rita Franklin is employed at Mighty Ltd. in Jamaica. For the month of June, 2017,

Use the information below to answer questions 4 - 6.

Rita Franklin is employed at Mighty Ltd. in Jamaica. For the month of June, 2017, she received a gross salary of $60,000. She contributes 5% or her gross salary towards an approved pension scheme. As an employee, her statutory deductions include NIS, NHT and education tax.

What is Rita's statutory income?

Question 4Answer

A.

$55,500

B.

$57,000

C.

$63,000

D.

$53,875

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Question 5

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How much would be deducted for education tax?

Question 5Answer

A.

$1212.19

B.

$1282.50

C.

$1417.50

D.

$1248.75

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Question 6

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What would Rita receive as her net pay?

Question 6Answer

A.

$52,882.50

B.

$53,051.25

C.

$51,462.81

D.

$53,017.50

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