Danny is a full-time exempt employee in Alabama, where his state income tax rate is 5%. He earns $80,930 annually and is paid semimonthly. He has indicated that he is married with 2 withholding allowances on his 2020 Form W:4. His Is health insurance is $195.00 per pay period and is deducted on a pre-tax basis. Danny contributes 5% of his pay to his 401(k). Assuming that he has no other deductions, what is Danny's net pay for the period? (Use the percentage method for the federal income tax and the wage-bracket table for the state income tax. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Worksheet 5. Employer's Withholding Worksheet for Percentage Method Tables for Manual Payroll Systems With Forms W-4 From 2019 or Earlier Payroll Period One Withholding Allowance $83.00 165.ee 179.ee Weekly Biweekly Semimonthly Payroll Period Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) One Withholding Allowance $83.00 165.00 179.00 358.00 1,075.00 2,150.00 4,300.00 17.00 2020 Percentage Method Tables for Manual Payroll Systems with Forms W-4 From 2020 or Earlier SEMIMONTHLY Payroll Period Married persons 2020 Percentage Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Earlier SEMIMONTHLY Payroll Period Married persons If the Adjusted Wage Amount (line 1d) is The tentative amount to But less Plus this withhold is... at least... than... percentage B E $496 0.00 $496 $1,319 $0.00 10% $496 $1,319 $3,840 $82.30 12% $1,319 $3,840 $7,623 $384.82 22% $3,840 $7,623 $14,104 $1,217.08 24% $7,623 $17,775 $2,772.52 32% $14,104 $14,104 $17,775 $26,415 $3,947.24 35% $17,775 37% $6.971.24 $26.415 $26.415