An employee receives an hourly rate of $20.00, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the first week of the calendar year are as follows: hours worked, 45.00 federal income tax withheld, $129.00; Social security tax rate, 6% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings; state unemployment compensation tax, 3.4% on the first $7,000; federal unemployment compensation tax, .8% on the first $7,000. What is the net amount to be paid the employee? If required, round your answers to the nearest cent. Select the correct answer. O $699.75 O$1,350.00 O $749.75 O $950.00 Assuming no employees are subject to ceilings for their earnings, Moore Company has the following information for the pay period of December 15 - 31, 20xx. Use this information to answer the question that follow. Gross payroll $12,525.00 Federal income tax withheld $3,654.00 Social security rate 6% Federal unemployment tax rate .8% Medicare rate 1.5% State unemployment tax rate 5.4% Salaries Payable would be recorded for Select the correct answer. O $7,155.08 O$12,525.00 O $8,094.45 O$7,931.63