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Martin Jackson receives an hourly wage rate of $23, with time and a half for all hours worked in excess of 40 hours during a
Martin Jackson receives an hourly wage rate of $23, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 43; federal income tax withheld, $365; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid to Jackson?
a.$1,406.74
b.$581.74
c.$1,536.24
d.$1,023.50
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