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MC Qu. 86 Portia Grant is an employee.... Portia Grant is an employee who is paid monthly. For the month of January of the current

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MC Qu. 86 Portia Grant is an employee.... Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,338. The FICA tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5,4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,383.47. Her net pay for the month is: (Round your intermediate calculations to two decimal places.) points Skipped Multiple Choice eBook 0 $5,882.67 References 0 $6,566.00 0 $6,833.63 0 $6,316.67 0 $5,182.53

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