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Ergo Company has one employee who is paid a salary of $ 5 0 0 0 per month. Payroll is processed on the last day

Ergo Company has one employee who is paid a salary of $5000 per month. Payroll is processed on the last day of the month and paid on the first day of the following month. Payroll information for January this year is:
\table[[Federal and state income tax,$,750],[FICA (Social Security and Medicare),,7.65%
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