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An employee receives an hourly rate of $132, with time and a half for all hours worked in excess of 40 during a week. Payroll

An employee receives an hourly rate of $132, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows:

Hours worked: 53

Federal income tax withheld: $463

Cumulative earnings for year prior to current week: $141,005

Social Security Tax Rate: 6.2% on maximum of $142,800

Medicare tax rate: 1.45% on all earnings

1. What is the employee's gross pay?

2. What is the net amount to be paid to the employee?

3. what is the employers portion of FICA?

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