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9. Brown Company has only one employee named Julie Winn. The following information has been compiled to compute Winn's payroll for the first pay period

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9. Brown Company has only one employee named Julie Winn. The following information has been compiled to compute Winn's payroll for the first pay period of January Gross Pay for the first pay period of January $5,000 The following tax rates are in effect: Rate FICA Social Security 6.20% FICA-Medicare 1.45% FUTA 0.60% SUTA 5.40% Federal Income Tax 9.00% There are no state income taxes. Applied To First $127.200 All gross pay First $7,000 First $7,000 All gross pay Winn's net pay is: a. $5,000.00 b. $3,867.50 c. $4,550.00 d. $4,167.50 Answer Key D

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