Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November $1-14$ pay period show that employees earned wages totaling $$50,000$ but that employee income taxes totaling $$7,000$ and FICA taxes totaling $$2,625$ were withheld from this amount. The net pay was directly deposited into the employees' bank accounts.

Required:

What was the amount of net pay?

Assumirg Lightning Electronics also must pay $$250$ of unemployment taxes for this pay period, what amount would be reported as the total payroll costs?

$\backslash$table$[[1.$ Net Pay,$$,40,375],[2.$ Total Payroll Costs,,$]]$