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Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare, Federal Income Tax Withholding $7,600, State Income Tax Withholding $

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Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare, Federal Income Tax Withholding $7,600, State Income Tax Withholding $ 1,900; 401K plan withholding $1,000; Health Care Insurance Premium Withholding $1,500. What is the net amount paid to employees for the weekly payroll? $26,000 $27,500 $23,093 None of these is correct. $38,000

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