2. Tamara Burgess is an administrator for Hulk Metal Fabricators. She earns a yearly salary of $54,500. She wants to start contributing to her company-sponsored 401(k) plan but is not sure if she should contribute $50 or 5% per biweekly paycheck. What is the effect of the pre-tax deduction if she contributes a) $50 or b) 5% per paycheck? Record answers in the following table below: Contribution types are Fixed and Percentage Contribution type Annual salary Biweekly salary 401(k) deduction Adjusted gross pay