An employee's rate of pay is $40.00 per hour, with time and a half for all hours worked in excess of 40 during a week. The following data are available: Allowances claimed on W-4 4 Allowance amount allowed: $70 ea. Hours worked this week 50 Y T D Earnings prior $105,200 F I T Withheld $ 340.44 plus 28% Social Security tax was withheld @ the rate of 6.2% on the 1st $ 106,400 Medicare tax was withheld @ the rate of 1.45 % Based on this data, calculate the employee's net pay for the week. Show your calculations