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Employees weekly gross earnings were $ 5 , 5 0 0 , and their federal income tax withholding was $ 1 , 1 1 1

Employees weekly gross earnings were $5,500, and their federal income tax withholding was $1,111.50. Assuming the social security rate is 6.0% and the Medicare tax rate is 1.5%, what is the net amount to be paid to employees? a. $3,976.00 b. $4,388.50 c. $4,306.00 d. $4,058.50

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