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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 8,788 The

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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 8,788 The FICA tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the FICA tax rate for Medicare is 1 45% of all earnings The FUTA tax rate of 06% and the SUTA tax rate of 54% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,458 17. Her net pay for the month is: (Round your intermediate calculations to two decimal places.) Multiple Choice $7.20240 $6.223.54 $6,65754 $6,566.00

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