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An employee receives an hourly wage rate of $16, with time and half for all hours worked in excess of 40 during the week. Payroll

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An employee receives an hourly wage rate of $16, with time and half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 46; federal income tax with held, $149; cumulative earnings for the year prior to this week. $25, 479; Social security tax rate, 6%; medicare tax rate unemployment compensation 1.5%; state unemployment compensation tax, 3.4 % on the first $7,000; and federal unemployment compensation tax, 0.8% on the first $7,000. What is the net amount to be paid to the employee? Round your answer to the nearest cent. $576.20 $1, 104.00 $784.00 $528.20

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