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Marbury is the payroll accountant at All's Fair Gifts. The employees of All's Fair Gifts are paid semimonthly. St April 7 and requests a pay
Marbury is the payroll accountant at All's Fair Gifts. The employees of All's Fair Gifts are paid semimonthly. St April 7 and requests a pay advance of $1,000, which Sten will pay back in equal parts on the April 15 and May single, with one dependent under 17 , is paid $62,800 per year, contributes 3 percent of gross pay to a 401(k), paycheck deducted for a Section 125 plan. Required: Compute the net pay on Sten's April 15 paycheck. The applicable state income tax rate is 5.25 percent. Use th for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine the federal income is not checked. Note: Round your intermediate calculations and final answer to 2 decimal places
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