Arden, an employee of Sweet Shoppe Industries, receives a bonus of $3,100 for stellar work...

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Accounting

Arden, an employee of Sweet Shoppe Industries, receives a bonus of $3,100 for stellar work this period. Arden's boss wants the net check to be $3,100. Arden contributes 3 percent to a pre-tax 401(k) deduction.
Required:
Calculate the gross pay amount that would result in $3,100 paid to Arden. (The tax rate on bonuses is 22 percent. Social Security (6.2%) and Medicare taxes (1.45%) must be added to this rate.)
Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.
Gross pay
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