please help!! timed test

L_ You are considering two job offers: a full-time permanent position that pays $70,000 annually and a full-time contract job that pays $40 per hour. What is the gross annual income. gross monthly income, and the after-tax monthly income for each job offer? Use the information for calculating income. taxes. and costs that Ka used in the lesson (Social Security 6.2%, Medicare 1.45%, and Federal 15%). The contract job is self-employment. which is taxed an addition 7.65% of gross income. _ Permanent Position Contract Position Income lnfonnation $70 000 nor ear _... __l::- After-tax monthly ___