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abe Maps Dashboard Course Home Saved Help Save & Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted when the offer came through at $15.60 per hour. She completed her W-4 stating that she is married with a child and claims an allowance of 3. Her company will pay her biweekly for 80 hours (assume a tax rate of 6.2% on $128.400 for Social Security and 145% for Medicare) Calculate her take home pay for her first check (Use Table 91 and Table 9.2) (Round your answer to the nearest cent.) Ne pay < Prev 4 of 10 Next > * GED

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Answers is highlighted in yellow: Solution: Answer: $ 1,120.01 Explanation: Step.01: Gross pay (80*15.60) Less: Withholding allowance Taxable income FIT withholding (769.20-444)*10% (159.60*3) $1,248.00 $ 478.80 $ 769.20 32.52 $ 1,248 Step.02: Gross pay Less: Withholdings: FIT Payable Social Security tax payable Medicare tax Net pay (1248*6.2%) (1248*1.45%) $ 32.52 $ 77.38 $ 18.10 $ 127.99 1120.01