HELP ASAP MONEY AND WAGES

 $57,700.00

Step-by-step explanation:

Total Gross Annual income = $70,000

a) Pension at 5% = $70,000(0.05) = $3,500

b) Employee Insurance at 2.4% = $70,000(0.024) = $1,680

c) Income Tax at 0% for $0-$11,000 = $11,000(0) = $0

   Income Tax at 8% for $11,000-$25,000 = $14,000(0.08) = $1,120

   Income Tax at 12% for $25,000-$50,000 = $25,000(0.12) = $3,000

   Income Tax at 15% for $50,000-$100,000 = $20,000(0.15) =$3,000

Total Income Tax = $7,120

Annual Net Income = Gross - Pension - Employee Insurance - Income Tax:

$70,000 - $3,500 - $1,680 - $7,120 = $57,700

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step-by-step explanation: