Brief Exercise 10-5 Betsy Strand's regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January pay period, Betsy works 46 hours. Betsy's federal income tax withholding is $87, and she has no voluntary deductions Compute Betsy Strand's gross earnings and not pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Betsy Strand's gross earnings Betsy Strand's net pay