Nancy Garza's regular hourly wage rate is $32, and she receives a wage of 1 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Nancy worked 43 hours. Her gross earnings prior to the current week were $6,000. Nancy is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $33.00 per week.

MARRIED Persons WEEKLY Payroll Period
(For Wages Paid through December 2022)
If the wages are		And the number of withholding allowances claimed is
At least	But less than	0	1	2	3	4	5	6	7	8	9	10
		The amount of income tax to be withheld is
1,316	1,327	124	114	105	95	85	75	66	56	46	37	29
1,327	1,338	125	116	106	96	86	77	67	57	48	38	30
1,338	1,349	127	117	107	97	88	78	68	59	49	39	31
1,349	1,360	128	118	108	99	89	79	70	60	50	41	32
1,360	1,371	129	119	110	100	90	81	71	61	52	42	33
1,371	1,382	130	121	111	101	92	82	72	63	53	43	34
1,382	1,393	132	122	112	103	93	83	74	64	54	45	35
1,393	1,404	133	123	114	104	94	85	75	65	56	46	36
1,404	1,415	134	125	115	105	96	86	76	67	57	47	38
1,415	1,426	136	126	116	107	97	87	78	68	58	49	39
1,426	1,437	137	127	118	108	98	89	79	69	60	50	40
1,437	1,448	138	129	119	109	100	90	80	71	61	51	41
1,448	1,459	140	130	120	111	101	91	82	72	62	52	43
1,459	1,470	141	131	122	112	102	93	83	73	64	54	44
1,470	1,481	142	133	123	113	104	94	84	75	65	55	45
1,481	1,492	144	134	124	115	105	95	86	76	66	56	47
1,492	1,503	145	135	126	116	106	97	87	77	67	58	48
1,503	1,514	146	137	127	117	108	98	88	78	69	59	49
1,514	1,525	148	138	128	119	109	99	89	80	70	60	51
1,525	1,536	149	139	130	120	110	101	91	81	71	62	52

Compute the following amounts for Nancys wages for the current week. (Round all answers to 2 decimal places, e.g. 52.55.)

(1) Gross earnings.		$enter a dollar amount
(2) FICA taxes. (Assume a 7.65% rate on maximum of $132,900.)		$enter a dollar amount rounded to 2 decimal places
(3) Federal income taxes withheld.		$enter a dollar amount
(4) State income taxes withheld. (Assume a 3.0% rate.)		$enter a dollar amount
(5) Net pay.		$enter a dollar amount rounded to 2 decimal places

Record Nancys pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)

Account Titles and Explanation	Debit	Credit
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount