George Clausen (age 48) is employed by Kline Company and is paid a salary of $42,744. He has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Clausen: Round your answer to the nearest cent.

Can't figure out C and D

George Clausen (age 48) is employed by Kline Company and is paid a salary of $42,744. He has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Clausen: Round your answer to the nearest cent. a. What is the maximum that he can contribute into this retirement fund? $ 13,000 b. What would be the company's contribution? $ 1,282.32 Note: For items c. & d. below, round interim amounts to two decimal places. Use these values in subsequent computations then round final answer to two decimal places. c. What would be his weekly take-home pay if he contributes the maximum allowed retirement contribution (married, 2 allowances, wage-bracket method, and a 2.3% state income tax on total wages)? Click here to access the Wage-Bracket Method Tables. $ 469.41 X d. What would be his weekly take-home pay without the retirement contribution deduction? 694.41 x George Clausen (age 48) is employed by Kline Company and is paid a salary of $42,744. He has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Clausen: Round your answer to the nearest cent. a. What is the maximum that he can contribute into this retirement fund? $ 13,000 b. What would be the company's contribution? $ 1,282.32 Note: For items c. & d. below, round interim amounts to two decimal places. Use these values in subsequent computations then round final answer to two decimal places. c. What would be his weekly take-home pay if he contributes the maximum allowed retirement contribution (married, 2 allowances, wage-bracket method, and a 2.3% state income tax on total wages)? Click here to access the Wage-Bracket Method Tables. $ 469.41 X d. What would be his weekly take-home pay without the retirement contribution deduction? 694.41 x