nmarked Color Scheme Major Fleld Test Associate Business An employee receives an hourly wage of $60 for up to 40 hours per week, and time and a half for all hours worked in excess of 40 hours. The payroll data for the employee last week was Hours worked: 42 hours Federal income tax withheld: $400 Cumulative earnings for the year prior to current weck: $98,000 Social Security tax rate: 7 percent on maximum of $100,000 Medicare tax rate: 1 percent on all earnings Based on these data, which of the following was the employee's net pay last week? A) $1,793.60 OB) $1,834.20 C) $1,973.60 OD) $2,014.20