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Michelle is self-employed and is in the 24% federal marginal tax bracket. If she works an extra 41 hours during the year, billing $217 an

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Michelle is self-employed and is in the 24% federal marginal tax bracket. If she works an extra 41 hours during the year, billing $217 an hour, how much will her after-tax income increase if her Social Security tax is 6.2% and her Medicare tax is 1.45% ? Assume that the state income tax rate is 3.5%. $5770 $16887 $3255 $5467

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