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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8, 260.

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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8, 260. The FICA tax for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate of .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, 325.17. Her net pay for the month is: A) $6, 422.71 B) $6, 246 94 C) $6, 302.94 D) $5, 868.94 E) $6, 422.71

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