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2. Thomas is considering two different job offers with a chain of department stores: an advertising director with a salary of $54,000 per year and

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2. Thomas is considering two different job offers with a chain of department stores: an advertising director with a salary of $54,000 per year and a sales position that pays a 6% commission on an average of $98,000 sales per month. . He will pay 15% federal income tax, 6.2% Social Security Tax, 1.45% Medicare Tax, and 4% state income tax. Benefits for each job are as follows: Advertising Director - 2 weeks paid vacation, 5 paid sick days, paid health insurance, life insurance costs $15 per month, retirement costs 4% of after-tax income Sales - no vacation or sick days, health insurance costs $120 per month, life insurance costs $25 per month, retirement costs $400 per month Thomas plans to take 2 weeks vacation per year. He is typically sick 3 days per year. He will use health and life insurance and save for retirement. Row Job: No. (aspects) Advertising Director Sales Position 1 Income information 2 Process 3 Gross annual income 4 Process Gross 5 Monthly Income 6 Process After-tax 7 monthly income Process: 8 Vacation

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