6. Samwise has Gross Earnings of $151,800 with a Taxable Income of $137,900. • The Middle Earth national government levies a Federal Income Tax according to the schedule shown below. • The Shire levies a flat Provincial tax of 7.1% of Taxable Income. • In addition, there are two required government programs that all earners in Middle Earth must contribute to: i) Middle Earth Pension Plan (MEPP) of 1.1% of Gross Earnings to a maximum of $1,500.00, and ii) Employment Insurance (EI) of 1.73% of Gross Earnings, however the first $5000 of the earnings is not insurable. The maximum payment is $3,000.00. Calculate each of Samwise's Federal Tax, Provincial Tax as well as his MEPP and EI contributions, and then determine his Net Income for the year. [6 marks] (Use space on this page for work ... place final answers on next page) Taxable Income $15,000 or less On the part over $15,000 to $25,000 On the part over $25,000 to $100,000 On the part over $100,000 Rate 0% 12% 18% 23%