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At the end of the first pay period of the year. Sofia earned $4,000 of salary. Withholdings from Sofia's salary include FICA Social Security taxes

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At the end of the first pay period of the year. Sofia earned $4,000 of salary. Withholdings from Sofia's salary include FICA Social Security taxes at the rate of 6.2%. FICA Medicare taxes at the rate of 1.45%,$500 of federal income taxes, $160 of medical insurance deductions, and $10 of life insurance deduction5. Compute Sofia's net pay for this first pay period

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