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Can you please explain this to me? Jane just completed her first two weeks working for Macy's where she earns $12 an hour. The first

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Jane just completed her first two weeks working for Macy's where she earns $12 an hour. The first week she worked 38 hours and the second week she worked 40 hours. Calculate her wages for the two-week period WEEK ONE3 HOURS WEEKLY WAGES 5O WEEK TWO HOURS @ TOTAL GROSS PAY If you took one exemption on federal income tax subtract $67.31 from your weekly gross pay and then calculate the deduction. For one exemption on New York state income tax, subtract $25.06 from your weekly gross pay before calculating the deduction. If you have no exemption, your weekly gross pay is your taxable income. Deductions O EXEMPTION 1 EXEMPTION Taxable Federal Income Federal Income Tax ( 14.70 + 1 5% of income over $198) Taxable State Income State Income Tax (2.2% of taxable state income) FICA SSI (6.2% of gross pay) FICA MEDICARE (1.45% of gross pay) TOTAL DEDUCTIONS NET PAY

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