Holden Sullivan manages a Dairy King drive-in. His straight-time pay is $15 per hour, with time-and-a-half for hours in excess of 40 per week. Sullivan's payroll deductions include withheld income tax of 20%, FICA tax, and a weekly deduction of $6 for a charitable contribution to United Way. Sullivan worked 52 hours during the week. i (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Compute Sullivan's gross pay and net pay for the week. Assume earnings to date are $16,000. (Round all amounts to the nearest cent.) Begin by computing Sullivan's gross pay for the week. Straight-time pay for 40 hours Overtime pay for 12 hours Gross Pay More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Print Done