Herman Swayne is a waiter at the Dixie Hotel. In his first weekly pay in March, he earned $360.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($700.00), and the employer withholds the appropriate taxes for the tips from this first pay in March. Click here to access the Wage-Bracket Method Tables. Round your answer to the two decimal places. Calculate his net take home pay assuming the employer withheld federal income tax (wage-bracket, married, 2 allowances), social security taxes, and state income tax (2%). 896.29 TAX TABLED 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2019 or Earlier WEEKLY Payroll Period If the Wage Amount MARRIED Persons (line 1a) And the number of allowances is. WEEKLY 2020 Wage Bracket Method Tables for Manual Payroll Systems MARRIED PERSONS With Forms W-4 From 2019 or Earlier WEEKLY Payroll Period If the Wage Amount MARRIED Persons (line 1a) And the number of allowances is: Payroll Accounting 2021 is 8 9 10 1 2 8 9 10 29842328 $0 SO $0 $0 $0 SO SO SO SO 888888888 SO $0 $0 $0 SO SO so SO SO 50 $0 SC 50 SO $0 $0 $0 $0 $0 SO SO $0 SO SO SO SO SO SO so SO SO SO $0 SO SO SO $0 $895 SO so SO SO so 30 SO SO SO so $41 $43 $44 $46 $48 $50 $52 $53 $55 $57 $59 $61 $62 $64 S66 S68 $70 $71 $73 $75 $77 $79 S80 S82 SO SO $0 $0 $0 SO SO SO so 30 SO SO $0 SO SO SO SO SO SO SO S2 $3 $5 $6 sa 59 SO SO so $0 SO $0 SO $0 $0 $1 SO SO SO 50 $0 SO SO $0 $51 $53 $54 $56 $58 $60 $62 $63 $65 $67 $69 $71 $72 $74 $76 $78 $80 $81 S83 $85 $87 $89 $90 $92 $94 $96 $98 599 $101 0 1 2 But less 6 7 At least than The Tentative Withholding Amount is so S230 SO SO SO so $0 SO SO SO $230 5240 $1 SO SO $0 SO SO SO SO S240 S250 So $0 SO $0 SO so $0 $250 $260 53 SO SO so $0 SO so SO S260 S270 $4 SA SO SO SO SO SO SO $270 $280 45 so so so SO SO $280 $290 S6 SO so so SO SO SO SO $290 $300 $7 SO $0 SO so SO so SO $300 $310 SS so SO SO $0 SO SO SO $310 S320 sg so SO SO SO SO SO 50 S320 $330 $10 S1 SO SO SO SO SO SO S330 $340 $11 $2 so 90 SO 50 SO $0 $340 $350 12 s3 SO SO SO SO SO 50 $350 $360 $13 $4 50 SO SO so sa to $360 5370 $14 55 SO SO SO SO 50 $370 $380 515 SG $0 50 so 50 50 $380 $390 $16 $7 SO 30 so so SO $390 $400 S17 $9 $0 SO SO 50 30 50 $400 $410 $18 $9 S 50 93 S410 $420 S19 $10 2 SO 90 30 90 $420 $430 $20 $11 s3 SO so ec $430 $440 S21 $12 $2 so 30 so 37 $440 $450 $22 S13 SS $0 JO $450 $460 $23 $14 S6 SO SU 90 $460 $470 $24 $15 S7 SO $470 $480 $25 $16 SS SO $480 $490 $26 $17 $9 $1 co $490 $500 $27 $18 $10 52 S500 $510 $28 $19 $11 S3 SO SO S510 S520 59 son $12 S2 $520 $530 $30 $21 S13 55 SC 90 SC $540 S31 S22 $14 $6 SA SO 10 50 S540 $550 $32 $23 S15 S7 SO so 90 S: $550 S560 $33 524 $16 $8 50 SO SO $0 $560 $570 $34 $25 $17 ca $1 SO $0 SO $570 $580 $35 S26 $18 $10 $2 so $0 $580 $36 $27 $19 $11 $3 $0 SO $590 $600 537 $28 $20 $12 $4 SO $600 $610 $38 529 521 $13 $5 $0 $610 $625 s99 S31 522 $14 $6 so $ $0 $625 $640 $41 $32 $24 S16 $7 $0 $0 SO $640 $655 $43 $34 $25 $17 $9 $1 so SO $655 $670 $44 525 $27 $19 $10 $2 SO SO S670 SEAS $685 $46 $37 $28 $20 $12 $4 $0 S685 $700 S48 $38 $30 $22 $13 SS so so $715 $50 $40 $31 $23 $15 $7 $0 $715 S730 $52 $42 $33 $25 $16 $8 $0 SO $730 $745 $53 544 $34 $26 $18 $10 $1 $0 $745 $760 $55 545 $36 $28 $19 $11 $3 so $760 $775 $57 $47 $37 $29 $21 $13 $4 $0 $775 $790 $59 $49 $39 $31 $22 $14 $6 $0 $1,150 SO 888888888888888888288 SESESSA8852323324325322%3 32285/38 taas 332 333 334 33523 24 25*3 But less 0 At least than $790 $805 $61 $805 $820 $62 $820 $035 $64 $835 $850 $66 S850 $865 $68 $865 $880 $70 $880 $895 $71 S910 $73 $910 $925 $75 $925 $940 $77 $940 $955 $79 $955 $970 $80 $970 $985 $82 $985 $1,000 $84 $1,000 $1,015 S86 $1,015 $1,030 $88 $1,030 $1,045 $89 $1,045 $1,060 $91 $1,060 $1,075 593 $1,075 $1,090 $95 $1,090 $1,105 $97 $1,105 $1,120 $98 $1,120 $1,135 $100 $1,135 $102 $1,150 $1,165 $104 $1,165 $1,180 $106 $1,180 $1,195 $107 $1,195 $1,210 $109 $1,210 $1,225 $111 $1,225 $1,240 $113 $115 $1,255 $1,270 $116 $1,285 $118 $1,285 $1,300 $120 $1,300 $1,315 $122 $1,315 $1,330 $124 $1,330 $1,345 $125 $1,345 $127 $1,360 $1,375 $129 $1,375 $1,390 $131 $1,390 $133 $1,405 $1,420 $134 $1,435 $136 $1,435 $1,450 $138 $1,450 $1,465 $140 $1,465 $1,480 $142 $1,480 $1,495 $143 $1,495 $1,610 $145 $1,510 $1,525 $147 $1,525 $1,540 $149 $1,540 $1,555 $151 30 $0 SC 50 ea 501 SO SO $0 $0 3 7 The Tentative Withholding Amount is. $32 $24 $16 $7 SO $34 $25 $17 $9 SO $35 $27 $19 $10 S2 $37 $28 520 $12 S3 $38 $30 $22 $13 S5 $40 $31 $23 $15 $6 $42 $33 $25 $16 $8 $43 $34 $26 $18 $9 $45 $36 $28 $19 $11 $47 $37 $29 $21 $12 $49 $39 $31 S22 $14 $51 $41 $32 $24 $15 $52 $43 $34 S25 $17 $54 $44 $35 $27 $18 $56 $46 $37 $28 $20 S58 $48 $38 $30 $21 $60 $50 $40 $31 $23 S61 $52 $42 $33 S24 $63 $53 $43 S34 $26 $65 $55 $45 $36 $27 $67 $57 $47 $37 S29 $69 $59 $49 $39 $30 $70 $61 $51 $41 $32 $72 $62 $52 $43 $33 $74 $64 $54 $44 $35 $76 $66 $56 $46 $36 $78 $68 $58 $48 $38 $79 $70 $60 $50 $40 S81 $71 $61 $52 $42 $83 $73 $63 $53 $43 $85 $75 $65 $55 $45 $87 $77 $67 $57 S47 S88 $79 $69 $59 $49 $90 $80 $70 $61 $51 $92 $82 $72 $62 $52 $94 S84 $74 $64 $54 $96 $86 576 $66 $56 97 $88 $78 $68 $58 $99 $89 $79 $70 $60 $101 591 $81 $71 S61 $93 S8S $73 S63 $105 95 $85 $75 S65 $106 $97 $87 577 S67 $10B $98 S88 $79 $69 $100 $30 $80 $70 $100 $92 $82 72 $114 5104 594 $84 574 $115 S108 896 $86 $76 5117 $107 597 sea 578 $119 $109 $99 $89 $79 5121 5111 S101 $91 581 $84 $86 $88 $89 $91 $0 so SO SO so SO SO 51 $3 54 S6 $7 $9 $10 $12 $13 $15 $16 $18 $19 $21 522 $24 $25 $27 $28 $30 $31 $33 $34 $36 S37 $39 $41 $42 $44 S4R $48 $50 S51 $53 $55 $57 $59 $60 SEO $84 $6G $68 $89 $71 S3 $4 S6 37 $9 $10 S12 $13 $15 $16 $18 $19 S21 $22 S24 $103 $530 $1.240 $1,255 30 30 $0 GO SO SO SO SO SO So SO SO $0 $ SO $1,270 $590 $0 $0 $0 $o SO $0 $0 $0 SO $0 SO $0 $0 so so $1,360 $11 $12 $14 $15 $17 $18 $20 $21 523 S24 $26 $27 529 $30 $32 $33 $35 $36 $38 $40 $42 $43 $45 $47 $49 S51 $52 $54 $56 $58 660 $61 $1,405 $105 $107 $108 $110 $112 $114 $116 $117 $119 $121 $123 $125 Stos $126 $128 $130 $132 $134 5135 S137 $129 $141 $0 SO $0 $0 SO $93 $95 $97 $9A $100 $102 $104 $106 $107 $109 $111 $118 $115 $116 $118 $120 $122 S124 $125 $127 $129 $131 $103 $0 $0 SO $0 SO $0 $0 $0 so SO $1,420 $25 $27 S2a S30 $31 $33 $34 $36 $37 $39 S41 $42 $44 $46 548 $700 $110 $112 $0 SO SO SO $0 TAX TABLES $0 $0 $0 $50 $51 Source: Internal Revenue Service. T-17