Ann's regular hourly wage rate is $8, and she receives an hourly rate of $12 for work in excess of 40 hours. During a January pay period, Ann works 48 hoors. Ann's federal income tax withholding is $99, and she has no voluntary deductions. Compute Ann's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65. ( Round the answers to 2 decimal places, es. 15.25. Gross carnings: 5 Netpay