Federal Income Tax Withholding Bob Wolfe's weekly gross earnings for the present week were $2,460. Wolfe has four exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Wolfe's federal income tax withholding? Round your answer to two decimal places.

Maxwell McFarland's weekly gross earnings for the week ended April 22 were $1,302, and his federal income tax withholding was $234.36. Assuming the social security rate is 6% and Medicare is 1.5%, what is Maxwell's net pay?

Note: If required, round your answer to two decimal places.

EXHIBIT 2 Table for Percentage Method of Withholding WEEKLY Payroll Period Wage Bracket Withholding Table (a) SINGLE person (including head of household)- If the amount of wages (after subtracting withholding allowances) IS: Not over $43... Over-But not over- The amount of income tax to withhold is: -S222 . . $0.00 plus 10% -$767 . . $17.90 plus 15% of excess over_ $43 $222 S43 $222 $767-$1,796 . . $1,796-$3,700 . . $3,700-$7,992 . . $7,992-$8,025 . . $8,025 $99.65 plus 25% $356.90 plus 28% $890.02 plus 33% $2,306.38 plus 35% $2.317.93 plus 39.6% $767McGrath wage bracket $1,796 $3,700 $7,992 $8,025