In January.gross earnings in Vaughn Company were $114,000. All earnings are subject to 7.65% FICA taxes. Federal income tax withheld was $16,500, and state income tax withheld was $2,000. Calculate net pay for January (Round answer to decimal places, eg. 125.) Net pay for January Record the payroll. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to decimal places, eg. 125.) Account Titles and Explanation Debit Credit