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At the end of the first pay period of the year, Dan earned $5,000 of salary. Withholdings from Dan' salary include Federal Insurance Contributions Act

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At the end of the first pay period of the year, Dan earned $5,000 of salary. Withholdings from Dan' salary include Federal Insurance Contributions Act (FCA) Social Security taxes at the rate of 6.2%, Federal insurance Contributions Act (FCA) Medicare taxes at the rate of 1.45%,$600 of federal income taxes, $175 of medical insurance deductions, and $15 of ilife insurance deductions. Compute Dan's net pay for this first pay perlod. Mutiple Cholce $4,40000 $4.017.50$5.000.00$3.827.50$54.617.60

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