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feorge Clausen (age 48) is employed by Kine Company and is paid an annual salary of $42,640, He has just decided to join the company's

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feorge Clausen (age 48) is employed by Kine Company and is paid an annual salary of $42,640, He has just decided to join the company's Simple Retirement Accou IRA form) and has a few questions. Answer the following for Clausen: Round your answer to the nearest cent. As we go to press, the federal income tax rates for 2023 are being determined by budget talks in Washington, and are not availabie for publication. For this edition, the 2022 federal inceme tax tables for Manual Systems with Forms W-4 from 2020 or Later with Standard Withholding and 2022 FIC rates have been used. a. What is the maximum that he can contribute into this retirement fund? b. What would be the company's contribution? Note: For items.c. a d. below, round interim amouns to two deeimal places. Use these values in subsequent computations then round final answer to two decimal places. c. What would be his weekly take-home if he contributes the maximum alowed retirement contribution (married filing jointly, wage-bracket method, and a 2.3. state income tax on total wages)? Cick:here to access the Wage-Bracket Method Tables. d. What would be his weekly take-home poy wathevt the retirement contribution deduction

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