During the first week of January, Jaelyn works 46 hours. This company defines overtime as any hours worked in excess of 40 in one week. Therefore Jaclyn has 40 hours of regular time and 6 hours of overtime This company pays 150% of the regular rate for overtime hours. Jaclyn's regular pay rate is $16 per hour, and her wages are subject to no deductions other than FICA Social Security, FICA Medicare, and federal income taxes. The tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. Jaelyn's cumulative pay prior to this pay period is $0 (its the first pay period of the year). The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay, Jaelyn has $80 in federal income taxes withheld. What is the amount of Jaelyn's gross pay for the first week of January? O 9736 O $784 O $1,104 O $1,156 $1.004 During the first week of January, Jaelyn works 46 hours. This company defines overtime as any hours worked in excess of 40 in one week. Therefore Jaelyn has 40 hours of regular time and 6 hours of overtime This company pays 150% of the regular rate for overtime hours. Jaclyn's regular pay rate is $16 per hour. and her wages are subject to no deductions other than FICA Social Security, FICA Medicare, and federal income taxes. The tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. Jaelyn's cumulative pay prior to this pay period is SO cits the first pay period of the year). The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay, Jaelyn has 580 in federal income taxes withheld. What is the amount of Jaelyn's net pay for the first week of January? (round your calculations to two decimal places) $784.00 O $139,98 O $724.02 O O $644.02 O $923.98