Kenneth Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Kenneth's net pay?

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
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Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 3E
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Kenneth Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax
withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Kenneth's net pay?
Transcribed Image Text:Kenneth Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Kenneth's net pay?
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