Kelly works for Jefferson Movers in Alberta and earns an annual salary of $51,258.00 paid on a weekly basis. She contributes 4% of her gross earnings to a Registered Retirement Savings Plan each pay. Kelly pays $27.00 weekly for union dues and receives a group term life insurance non-cash taxable benefit of $25.00 each pay. Her federal and provincial TD1 claim codes are 1 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Kelly's net pay, following the steps in the payroll calculation template. \begin{tabular}{|l|l|} \hline Statutory Deductions \\ \hline C/QPP contribution \\ \hline El premium \\ \hline QPIP premium \\ \hline Income tax (federal) \\ \hline Income tax (provincial) \\ \hline Other Doductions \\ \hline Union dues \\ \hline Registered pension plan (RPP) contribution \\ \hline Employee-paid benefit plan premiums (e.g. dental) \\ \hline Registered Retirement Savings Plan (RRSP) contribution \\ \hline Charitable donation \\ \hline Social club \\ \hline Total Deductions \\ \hline Net Pay \end{tabular} Step 1 . Calculate Kelly's gross earnings for this pay period Step 2 - Calculate the pensionable earnings (PE) Step 3 Calculate the insurable earning (IE) Calculate the net taxable income (KQ) Step 6 - Calculate Kelly's Canada Pension Plan contribution. Step 9 - Determine Kelly's federal income tax. Step 10 - Determine Kelly's provincial income tax. Step 11 - Calculate Kelly's total deductions. Step 12 - Calculate Kelly's net pay
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