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In January, gross earnings in Coronado Company were $ 1 0 8 , 0 0 0 . All earnings are subject to 7 . 6

In January, gross earnings in Coronado Company were $108,000. All earnings are subject to 7.65% FICA taxes. Federal income tax
withheld was $16,000, and state income tax witheld was $2,000.
(a)
Calculate net pay for January.
Net pay for January
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