An employee's rate of pay is \(\$ 40\) per hour, with time and a half for all hours worked in excess of 40 during a week. The social security rate is \(6.0 \%\) on the first \(\$ 100,000\) of annual earnings, and the Medicare rate is \(1.5 \%\) on all earnings. The following additional data are available:

Based on these data, the amount of the employee's net pay for the current week is:
A. \(\$ 1,307.50\).
B. \(\$ 1,405.00\).
C. \(\$ 1,450.00\).
D. \(\$ 1,385.50\).

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Hours worked during current week 45 Year's cumulative earnings prior to current week $99,400 Federal income tax withheld $450