Using the income tax withholding table in Figure 7-3, page 256, P.O. 2,3 for each employee of National Discount Stores, determine the net pay for the week ended January 21. Assume a Social Security tax of 6.2 percent and a Med- Determine net pay.

icare tax of 1.45 percent. All employees have cumulative earnings of less than

$62,700.

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Social Federal Security Medicare Income Union Medical Employee Exemptions Total Earnings Tax Withheld Tax Tax Dues Insurance Net Withheld Withheld Withheld Withheld Pay a. Austin, C. A. 1 $ 760 $ $ $ $20 $ 30 $ EA b. Carter, R. N. 2 900 20 26 c. Esle, T. C. 3 845 30 d. Grady, L. O. 0 798 20 30 c. Ng, M. E. 2 899 20 30 Totals 4,202 80 146