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Trailers of the World Has a Small Group of Four

question 55

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Trailers of the World has a small group of four employees.Trailers take part in a defined contribution plan and pay the required government contribution of 9% plus an additional 4% to reward its employees.Based on the employee earnings below,what is Trailers' superannuation obligation for the year?
 Employee  Fortnightly  salary  Johnson 1200 Stevens 1800 Carey 1500 Peters 2500\begin{array} { | l | r | } \hline \text { Employee } & \begin{array} { c } \text { Fortnightly } \\\text { salary }\end{array} \\\hline \text { Johnson } & 1200 \\\hline \text { Stevens } & 1800 \\\hline \text { Carey } & 1500 \\\hline \text { Peters } & 2500 \\\hline\end{array}


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