At the end of the first pay period of the year, Sofia earned $4,700 of salary. Withholdings from Sofia's salary include FiCA Social Security taxes at the rate of 6.2%, FCA Medicare taxes at the rate of 1.45%,$514 of federal income taxes, $174 of medical insurance deductions, and $24 of life insurance deductions. Compute Sofia's net pay for this first pay period. (Round your intermediate and final answers to 2 decimal places.)