4. amber works full time at the bargain store. here is the t4 slip that the bargain store sent her. (6…

4. amber works full time at the bargain store. here is the t4 slip that the bargain store sent her. (6 marks)\na. how much is amber’s income for the year?\nbox24 - $18,654.46\nb. how much did she have deducted for income tax?\nbox22 - $3,456.12\nc. how much did she have deducted for cpp?\nbox16 - $617.78\nd. how much did she have deducted for ei?\nbox18 - $471.36\ne. how much did she have deducted for charitable donations?\nf. how much did she have deducted for r.p.p. contributions?

4. amber works full time at the bargain store. here is the t4 slip that the bargain store sent her. (6 marks)\na. how much is amber’s income for the year?\nbox24 - $18,654.46\nb. how much did she have deducted for income tax?\nbox22 - $3,456.12\nc. how much did she have deducted for cpp?\nbox16 - $617.78\nd. how much did she have deducted for ei?\nbox18 - $471.36\ne. how much did she have deducted for charitable donations?\nf. how much did she have deducted for r.p.p. contributions?

Answer

Explanation:

Step1: Identify income amount

From the T - 4 slip, the income is found in box 14. So Amber's income for the year is $18,654.48$.

Step2: Identify income - tax deduction

The income - tax deduction is in box 22, which is $3,458.12$.

Step3: Identify CPP deduction

The CPP deduction is in box 16, which is $617.78$.

Step4: Identify EI deduction

The EI deduction is in box 18, which is $471.36$.

Step5: Identify charitable donations deduction

There is no value shown in the box related to charitable donations (no information provided in the image to determine this value), so we assume it is $0$.

Step6: Identify RPP contributions deduction

There is no value shown in the box related to RPP contributions (no information provided in the image to determine this value), so we assume it is $0$.

Answer:

a. $18,654.48 b. $3,458.12 c. $617.78 d. $471.36 e. $0 f. $0