An employee earns $5,600 per month working for an employer. The FCA tax rate for Social Security is 6.2% of the first $128.400) earned each calendar year and the FICA tax rate for Medicare is 145% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.0%. Both unemployment taxes are applied to the first $7000 of an employee's pay. The employee has $186 in federal income taxes withhell. The employee has voluntary deductions for health insurance of $154 and contibutes 577 to a retirement plan each month. What is the amount of net pay for the employee for the month of January? (Round your intermediate calculations to two decimal places.) Multiple Choko $175460 $4,40740 $4.50