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16. In January, gross earnings in comfort realty were $40,000. All earnings are subject to 8% FICA taxes, federal income tax withheld was $9,000,and the

16. In January, gross earnings in comfort realty were $40,000. All earnings are subject to 8% FICA taxes, federal income tax withheld was $9,000,and the state income tax withheld was$1,000 a. Calculate net pay for January, and b. Record the payroll Determine net pay by subtracting payroll deductions from gross earnings. Record gross earnings as salaries and wages, expense etc.

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