George Clausen (age 48) is employed by Kline Company and is paid an annual salary of $42,848. He has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Clausen: What is the maximum that he can contribute into this retirement fund? What would be the company's contribution? What would be his weekly take-home pay if he contributes the maximum allowed retirement contribution (married filing jointly, wage-bracket method , and a 2.3% state income tax on total wages)? What would be his weekly take-home pay without the retirement contribution deduction?