Margaret's regular hourly wage rate is $$20,$ and she receives an hourly rate of $$30$ for work in excess of $40$ hours. During a January pay period, Margaret works $49$ hours. Margaret's federal income tax withholding is $$97,$ and she has no voluntary deductions.

Compute Margaret's gross earnings and net pay for the pay period. Assume that the FICA tax rate is $7\mathrm{.}65\%.($Round the answers to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Gross earnings

$

Net pay

$