Carl Jamison, an employee for the Scharman School, belongs to a tax$-$deferred retirement plan to which he contributes $3$ percent of his pay which is matched by the school. His biweekly pay is $$2,500.$ Because of the deferral $(3\%\backslash$times $$2,500=$ $$75),$ $$2,425$ is subject to federal income tax withholding.

George Clausen $($age $48)$ is employed by Kline Company and is paid an annual salary of $$42,640.$ He has just decided to join the company's Simple Retirement Account $($IRA form$)$ and has a few questions. Answer the following for Clausen: Round your answer to the nearest cent.

As we go to press, the federal income tax rates for $2022$ are being determined by budget talks in Washington and not available for publication. For this edition, the $2021$ federal income tax tables for Manual Systems with Forms W$-4$ from $2020$ or Later with Standard Withholding and $2021$ FICA rates have been used.

a$.$ What is the maximum that he can contribute into this retirement fund?

$fill in the blank $1$

b$.$ What would be the company's contribution?

$fill in the blank $2$

Note: For items c$.$ & d$.$ below, round interim amounts to two decimal places. Use these values in subsequent computations then round final answer to two decimal places.

c$.$ What would be his weekly take$-$home if he contributes the maximum allowed retirement contribution $($married filing jointly, wage$-$bracket method, and a $2\mathrm{.}3\%$ state income tax on total wages$)?$

Click here to access the Wage$-$Bracket Method Tables.

$fill in the blank $3$

d$.$ What would be his weekly take$-$home pay without the retirement contribution deduction?

$fill in the blank $4$