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Thomas Longbow is the only employee of Presido, Incorporated During the first week of January, Longbow earned $2,400.00 and had federal and state income tax
Thomas Longbow is the only employee of Presido, Incorporated During the first week of January, Longbow earned $2,400.00 and had federal and state income tax withholdings of $120.00 and $45.00, respectively. FICA taxes are 7.65% on earnings up to $132,900. State and federal unemployment taxes for the period are $150.00 and $24.00, respectively. What would be the amount of Longbow's payroll check for the first week of January? Multiple Choice $2,051.40 $2,216.40 $2,400.00 $1,877.40
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