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An employee earns $18.00 per hour and 1 1/2 times that rate for all hours in excess of 40 hours per week . Assume that

An employee earns $18.00 per hour and 1 1/2 times that rate for all hours in excess of 40 hours per week . Assume that the employee worked 50 hours during the week, and that the gross pay prior to the current week totaled $59,760. Assume, further that social security rate is 7.65%( with OASDI tax of 6.2% on earnings up to $118,000 and HI tax of 1.45% on all earnings), and federal income tax to be withheld was $198.00 a) determine the gross pat for the week. b) determine the net pay for the week.

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