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An employee earned 178,000. Assume a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and

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An employee earned 178,000. Assume a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income tax rate of 20% on all wages. Calculate the employee's payroll deductions. (Answer should be rounded to two decimal places, 1.e, 2,986,666 would be entered as 2,986,67)

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