Collin is a full-time exempt employee in Juneau, Alaska, who earns $178,200 annually and has not yet reached the Social Security wage base. He is single with 1 withholding allowance and is paid semimonthly. He contributes 3% per pay period to his 401(k) and has pre-tax health insurance and AFLAC deductions of $240 and $25, respectively. Collin has a child support garnishment of $300 per pay period. What is his net pay? (Use the percentage method. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Table 5. Percentage Method-2019 Amount for One Withholding Allowance Federal Income tax using percentage method Payroll Period Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) One Withholding Allowance $80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 16.20 (a) SINGLE person (including head of household)- If the amount of Wages (after subtracting withholding TABLE 3-SEMIMONTHLY Payroll Period (b) MARRIED person- If the amount of Wages (after subtracting withholding The amount of income tax to withhold is: TABLE 3-SEMIMONTHLY Payroll Period (a) SINGLE person (including head of household)- (b) MARRIED person- If the amount of If the amount of wages (after wages (after subtracting subtracting withholding withholding allowances) is: The amount of income tax to withhold is: allowances) is: Not over $158...... $0 Not over $492... But not But not Over- over- of excess over- Over- over- $ 158 -$ 563 $ 0.00 plus 10% -$ 158 $ 492 - $ 1,300 $ 563 -$ 1,803 $ 40.50 plus 12% -$ 563 $ 1,300 - $ 3,781 $ 1,803 -$ 3,667 $ 189.30 plus 22% -$ 1,803 $ 3,781 - $ 7,508 $ 3,667 -$ 6,885 $ 599.38 plus 24% -$ 3,667 $ 7,508 - $13,885 $ 6,885 -$ 8,663 $ 1,364.50 plus 32% -$ 6,885 $13,885 -$17,500 $ 8,663 -$21,421 $ 1,943.06 plus 35% -$ 8,663 $17,500 - $26,006 $21,421 $ 6,408.36 plus 37% -$21,421 $26,006 $ $ $ of excess over- 0.00 plus 10% 80.80 plus 12% 378.52 plus 22% 1,198.46 plus 24% 2,728.94 plus 32% 3885.74 plus 35% 6,862.84 plus 37% $ $ $ $ -$ 492 -$ 1,300 -$ 3,781 -$ 7,508 -$13,885 -$17,500 -$26,006 Multiple Choice $4,883.59 $4,573.05 $4,651.50 $4,747.27 Collin is a full-time exempt employee in Juneau, Alaska, who earns $178,200 annually and has not yet reached the Social Security wage base. He is single with 1 withholding allowance and is paid semimonthly. He contributes 3% per pay period to his 401(k) and has pre-tax health insurance and AFLAC deductions of $240 and $25, respectively. Collin has a child support garnishment of $300 per pay period. What is his net pay? (Use the percentage method. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Table 5. Percentage Method-2019 Amount for One Withholding Allowance Federal Income tax using percentage method Payroll Period Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) One Withholding Allowance $80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 16.20 (a) SINGLE person (including head of household)- If the amount of Wages (after subtracting withholding TABLE 3-SEMIMONTHLY Payroll Period (b) MARRIED person- If the amount of Wages (after subtracting withholding The amount of income tax to withhold is: TABLE 3-SEMIMONTHLY Payroll Period (a) SINGLE person (including head of household)- (b) MARRIED person- If the amount of If the amount of wages (after wages (after subtracting subtracting withholding withholding allowances) is: The amount of income tax to withhold is: allowances) is: Not over $158...... $0 Not over $492... But not But not Over- over- of excess over- Over- over- $ 158 -$ 563 $ 0.00 plus 10% -$ 158 $ 492 - $ 1,300 $ 563 -$ 1,803 $ 40.50 plus 12% -$ 563 $ 1,300 - $ 3,781 $ 1,803 -$ 3,667 $ 189.30 plus 22% -$ 1,803 $ 3,781 - $ 7,508 $ 3,667 -$ 6,885 $ 599.38 plus 24% -$ 3,667 $ 7,508 - $13,885 $ 6,885 -$ 8,663 $ 1,364.50 plus 32% -$ 6,885 $13,885 -$17,500 $ 8,663 -$21,421 $ 1,943.06 plus 35% -$ 8,663 $17,500 - $26,006 $21,421 $ 6,408.36 plus 37% -$21,421 $26,006 $ $ $ of excess over- 0.00 plus 10% 80.80 plus 12% 378.52 plus 22% 1,198.46 plus 24% 2,728.94 plus 32% 3885.74 plus 35% 6,862.84 plus 37% $ $ $ $ -$ 492 -$ 1,300 -$ 3,781 -$ 7,508 -$13,885 -$17,500 -$26,006 Multiple Choice $4,883.59 $4,573.05 $4,651.50 $4,747.27