Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Kalen O'Brien earned $730 this week. The deductions from her pay were as follows: FIT $66.00 FICAOASDI 45.26 FICAHI 10.59 State income tax 36.50 State

Kalen O'Brien earned $730 this week. The deductions from her pay were as follows:

FIT $66.00
FICAOASDI 45.26
FICAHI 10.59
State income tax 36.50
State disability insurance 8.61
Health insurance premium 19.50
Credit union contribution 35.00
United Fund contribution 5.00

O'Brien's employer just received a garnishment order (credit card debt of $3,500) against her pay. Compute the following:

round your answers to the nearest cent.

a. O'Brien's disposable earnings $ ??????? ($503.54 is incorrect)
b. The amount of her pay subject to the garnishment $ ?????? ($125.89 is incorrect)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions