S2. Gregg Katz earns an hourly wage of $12, with time-and-a-half pay for hours worked over 40 per week. During the most recent week, he worked 46 hours, his federal tax withholding is 15%, and his state tax withholding totaled 6%. Assuming a 6.2 percent Social Security tax rate and a 1.45 percent Medicare tax rate, Calculate both gross and net pay