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The payroll records of Speedy Software show the following information about Marsha Gottschalk, an employee, for the weekly pay period ending September 30. Gottschalk is

The payroll records of Speedy Software show the following information about Marsha Gottschalk, an employee, for the weekly pay period ending September 30. Gottschalk is single and claims one allowance. Compute her Social Security tax (6.2%), Medicare tax (1.45%), federal income tax withholding (use the withholding table in Exhibit 11A.6), state income tax (1.0%), and net pay for the current pay period.

Note: Round your final answers to 2 decimal places.

Total (gross) earnings for current pay period $ 700
Cumulative earnings of previous pay periods $ 9,100

Exhibit 11A.6 Wage Bracket Withholding Table

SINGLE PersonsWEEKLY 'Payroll Period
If the wages are And the number of withholding allowances claimed Is
At least But less than 0 1 2 3 4 5 6 7 8 9 10
The amount of income tax to be withheld Is
$600 $610 $76 $67 $58 $49 $39 $30 $21 $12 $6 $0 $0
610 620 79 69 59 50 41 32 22 13 7 1 0
620 630 81 70 61 52 42 33 24 15 8 2 0
630 640 84 72 62 53 44 35 25 16 9 3 0
640 650 86 73 64 55 45 36 27 18 10 4 0
650 660 89 75 65 56 47 38 28 19 11 5 0
660 670 91 76 67 58 48 39 30 21 12 6 0
670 680 94 78 68 59 50 41 31 22 13 7 1
680 690 96 81 70 61 51 42 33 24 14 8 2
690 700 99 83 71 62 53 44 34 25 16 9 3
700 710 101 86 73 64 54 45 35 27 17 10 4
710 720 104 88 74 65 56 47 37 28 19 11 5
720 730 106 91 76 67 57 48 39 30 20 12 6
730 740 109 93 78 68 59 50 40 31 22 13 7
740 750 111 96 80 70 60 51 42 33 23 14 8

Please, Debit or Credit

Gross Pay

Social Security Tac Dedications

Medicare Tax Dedications

Federal Income Tax Deductions

State Income Tax dedications

Total Dedications

Net Pay

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