During one pay period,your company distributes $130,500 to employees as net pay.The income tax withholdings were $19,000 and the Canada Pension Plan withholdings were $5,000.The total wages/salary expense to the company,which includes CPP matching,during this period was:

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The total wages/salary expense includes net pay, income tax withholdings, CPP withholdings, and the company's CPP matching. Net pay is $130,500, income tax is $19,000, and CPP is $5,000. The company matches the CPP, adding another $5,000. Therefore, the total expense is $130,500 + $19,000 + $5,000 + $5,000 = $159,500.

During One Pay Period,your Company Distributes $130,500 to Employees as Net