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Joe earns a gross pay of $1,000 for the week just ended. Use the following information to determine Joe's take home pay and the total

Joe earns a gross pay of $1,000 for the week just ended. Use the following information to determine Joe's take home pay and the total payroll taxes incurred by the company. Assume Joe is paid in cash on payday.

Federal Income tax 3% of gross pay

State Income tax 2% of gross pay

Social Security tax 6.2% of gross pay

Medicare tax 1.45% of gross pay

State Unemployment Tax 5.4% of gross pay

Federal Unemployment Tax .8% of gross pay

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