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Lily Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a

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Lily Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a January pay period, Lily works 46 hours, Lily's federal income tax withholding is $96, and she has no voluntary deductions. The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. Compute Lily Corbin's gross earnings and net pay for the pay period. (Round Intermedlate calculation and final answers to 2 decimal ploces, es. 15.25.) Gross earnings Net pay $

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