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Business, 01.08.2019 22:50 cramirezorozco392

An employee receives an hourly rate of $20.00, with time and a half for all hours worked in excess of 40 during the week. payroll data for the first week of the calendar year are as follows: hours worked, 48.00 federal income tax withheld, $130.00; social security tax rate, 6% on maximum of $100,000; and medicare tax rate, 1.5% on all earnings; state unemployment compensation tax, 3.4% on the first $7,000; federal unemployment compensation tax, .8% on the first $7,000. what is the net amount to be paid the employee? if required, round your answers to the nearest cent. select the correct answer.

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