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8. Cody Co. has the following payroll information for the year ended 12/31/19. FICA is calculated at 7.65% of gross pay. Calculate the missing information.
8. Cody Co. has the following payroll information for the year ended 12/31/19. FICA is calculated at 7.65% of gross pay. Calculate the missing information. Show work (thank you)
Gross pay $200,000
FICA tax withholdings ?
Income tax withholdings $40,300
Group health insurance $5,200
Employee 401K contributions ?
Total deductions $66,000
Net pay ?
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