4 2.22 points Skipped eBook Print References Check my work James Marbury is the payroll accountant at All's Fair Gifts. The employees of All's Fair Gifts are paid semimonthly. Lauren Stenn comes to him on April 2 and requests a pay advance of $1,000, which Lauren will pay back in equal parts on the April 15 and May 15 paychecks. Lauren is single with one dependent under 17 and is paid $50,000 per year. Lauren contributes 3 percent of gross pay to a 401(k) and has $125 per paycheck deducted for a Section 125 plan. Required: Compute the net pay on Lauren's April 15 paycheck. The applicable state income tax rate is 5.25 percent. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine the federal income tax. Assume box 2 is not checked. (Round your intermediate calculations and final answer to 2 decimal places.) Net pay

James Marbury is the payroll accountant at Alls Fair Gifas. The employees of Alls Fair Gits are paid semimonthly. Lauren Stenn comes to him on April 2 and recuests a pay advance of $1,000, which Lauren will pay back in equal parts on the April 15 and Moy 15 paychecks. Lauren is single with one dependent under 17 and is paid $50,000 per year. Louren contributes 3 percent of gross pay to a 40t;k and has $125 per paycheck deducted for a Section 125 plan. Required: Compule the net pay on Lauren's Apral15 paycheck. The applicable state income tax rate is 525 percent. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendx. C to determine the federal income tax. Assume box 2 is not checked. (Round your intermediate calculations and final answer to 2 decimal places.)