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Jane Heinlein is the payroll accountant for Sia Lights of Carter, Nebraska. The employees of Sia Lights are paid biweekly. An employee, Melinda Gunnarson, comes
Jane Heinlein is the payroll accountant for Sia Lights of Carter, Nebraska. The employees of Sia Lights are paid biweekly. An employee, Melinda Gunnarson, comes to her on September 13 and requests a pay advance of $945, which she will pay back in equal parts on the September 27 and October 11 paychecks. Melinda is single with 1 withholding allowance and is paid $38,740 per year. She contributes 1 percent of her pay to a 401(k) plan and has $25 per paycheck deducted for a court-ordered garnishment. Required: Compute her net pay for her September 27th paycheck. Her state income tax rate is 6.84 percent. Use the wage-bracket tables in Appendix C to determine the Federal income tax withholding amount. (Round your intermediate calculations and final answer to 2 decimal places.) Net pay Jane Heinlein is the payroll accountant for Sia Lights of Carter, Nebraska. The employees of Sia Lights are paid biweekly. An employee, Melinda Gunnarson, comes to her on September 13 and requests a pay advance of $945, which she will pay back in equal parts on the September 27 and October 11 paychecks. Melinda is single with 1 withholding allowance and is paid $38,740 per year. She contributes 1 percent of her pay to a 401(k) plan and has $25 per paycheck deducted for a court-ordered garnishment. Required: Compute her net pay for her September 27th paycheck. Her state income tax rate is 6.84 percent. Use the wage-bracket tables in Appendix C to determine the Federal income tax withholding amount. (Round your intermediate calculations and final answer to 2 decimal places.) Net pay
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