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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 9A.6), state income tax (1.0%), and net pay for the current pay period. (Round your final answers to 2 decimal places.)

Total (gross) earnings for current pay period $ 740
Cumulative earnings of previous pay periods $ 9,700

Gross pay
Social security tax deduction
Medicare tax deduction
Federal income tax deduction
State income tax deduction
Total deductions 0.00
Net pay $0.00

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