Required: Required:

Compute the net pay for Briar Khan and Hollis Hart. Assume that they are paid a $$2,500$ salary biweekly, subject to federal income tax

$($use the wage$-$bracket method$)$ in Appendix C and FICA taxes and have no other deductions from their pay. They have a state tax rate

of $3$ percent. If they choose to participate in the cafeteria plan, the deduction for the pay period is $$100$; otherwise, there is no

deduction for the cafeteria plan. The cafeteria plan qualifies under Section $125.$ You do not need to complete the number of hours.

Additional information for Briar: Box $2$ is not checked, and the dependents are under $17.$

Note: Round your intermediate calculations and final answers to $2$ decimal places.

Compute the net pay for Briar Khan and Hollis Hart. Assume that they are paid a $$2,500$ salary biweekly, subject to federal income tax

$($use the wage$-$bracket method$)$ in Appendix C and FICA taxes and have no other deductions from their pay. They have a state tax rate

of $3$ percent. If they choose to participate in the cafeteria plan, the deduction for the pay period is $$100$; otherwise, there is no

deduction for the cafeteria plan. The cafeteria plan qualifies under Section $125.$ You do not need to complete the number of hours.

Additional information for Briar: Box $2$ is not checked, and the dependents are under $17.$

Note: Round your intermediate calculations and final answers to $2$ decimal places.