Doreen is single and has three dependent children aged 12, 14 and 16. The children are full time students and have no income. Doreen is not entitled to SAPTO. Her income for the 2022 year is as follows: Doreen $60,877 Taxable Income $29,999 RFBA (exempt employer) $ 5,200 RESC $22,344 HELP Debt What will Doreen’s compulsory HELP Debt Repayment be for the 2022 year?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Doreen is single and has three dependent children aged 12, 14 and 16. The children are full time students and have no income. Doreen is not entitled to SAPTO. Her income for the 2022 year is as follows:

Doreen
$60,877 Taxable Income
$29,999 RFBA (exempt employer)
$ 5,200 RESC
$22,344 HELP Debt

What will Doreen’s compulsory HELP Debt Repayment be for the 2022 year?

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