For all payroll calculations, use the following tax rates and round amounts to the nearest cent. Employee: OASDI: 6.2% on first $116,000 earned; Medicare: 1.45% up to $220,000, 2.35% on earnings above $220,000. Employer: OASDI: 6.2% on first $116,000 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Donna Barnaby works at College of New York and is paid $40 per hour for a 40-hour workweek and time- and-a-half for hours above 40 hours. 1. Compute Donna's gross pay for working 56 hours during the first week of February. Base rate X Regular hour = OT Rate X OT Hours = Gross pay = 2. Donna is single, and her federal income tax (FIT) withholding is 10% of total pay. Donna's only payroll deductions are payroll taxes. Compute Donna's net (take-home) pay for the week. Assume Donna's earnings to date are less than the OASDI limit. Monthly Net Pay Gross Pay Less: FIT OASDI Medicare NET PAY