Lenny Florita, an unmarried employee, works $48$ hours in the week ended January $12.$ His pay rate is $$14$ per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute his regular pay, overtime pay $($Lenny earns $$21$ per hour for each hour over $40$ per week$),$ and gross pay. Then compute his FICA tax deduction $(6\mathrm{.}2\%$ for the Social Security portion and $1\mathrm{.}45\%$ for the Medicare portion$),$ income tax deduction $($use the wage bracket withholding table from Exhibit $11$A $6),$ total deductions, and net pay.

Note: Round your intermediate calculations and final answers to $2$ decimal places.

Lenny Florita, an unmarried employee, works $48$ hours in the week ended January $12.$ His pay rate is $$14$ per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute his regular pay, overtime pay $($Lenny earns $$21$ per hour for each hour over $40$ per week$),$ and gross pay. Then compute his FICA tax deduction $(6\mathrm{.}2\%$ for the Social Security portion and $1\mathrm{.}45\%$ for the Medicare portion$),$ income tax deduction $($use the wage bracket withholding table from Exhibit $11$A$\mathrm{.}6),$ total deductions, and net pay.

Note: Round your intermediate calculations and final answers to $2$ decimal places.

Answer is not complete.

$\backslash$table$[[,$Hours,Hourly Rate,,$],[$Regular pay,$40$$$,14\mathrm{.}000,$$$,560\mathrm{.}00],[$Overtime premium pay,$80$$$,21\mathrm{.}000,168\mathrm{.}00],[$Gross pay,,,$728\mathrm{.}00],[$FICA $-$ Social Security tax deduction,,$],[$FICA Medicare tax deduction,,$],[$Income tax deduction,,$],[$Total deductions,,,$0\mathrm{.}00],[$Net pay,,,,$8]]$