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Martin Jackson receives an hourly wage rate of $20, with time-and-a-half pay for all hours worked in excess of 40 hours during a week. Payroll

Martin Jackson receives an hourly wage rate of $20, with time-and-a-half pay for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $192; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid to Jackson, rounded to the nearest cent?

a.$1,040.00

b.$770.00

c.$1,650.00

d.$1,362.00

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