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Teton Tours in Evanston, Wyoming, has six employees who are paid on a biweekly basis. Assume that all wages are subject to Social Security and Medicare taxes.

Required:

Calculate the net pay from the information provided for the July $14$ pay date. Use the wage$-$bracket tables in Appendix C to determine the federal income tax withholding. You do not need to complete the number of hours. No one has checked the box in Step $2,$ and there is no additional information in Step $4.$

Note: Round your intermediate calculations and final answers to $2$ decimal places.

A$.$ Bowman

Married or joint, two dependents $<17$

Annual pay $$46,720$

$401($k$)$ deduction: $2$ percent of gross pay per pay period

J$.$ Raz

Single, no dependents

Annual pay: $$56,750$

$401($k$)$ deduction: $$220$ per pay period

G$.$ Koskoris

Single, one dependent $<17,$ one other dependent

Annual pay: $$65,520$

Section $125$ deduction: $$25$ per pay period

$401($k$)$ deduction: $$150$ per pay period

S$.$ Hays$-$Smith

Married or joint, three dependents $<17$

Annual pay: $$51,220$

United Way deduction: $$25$ per pay period

Garnishment: $$75$ per period

H$.$ Inhofe

Married or joint, no dependents

Annual pay: $$65,400$

Section $125$ deduction: $$100$ per period

$401($k$)$ deduction: $4$ percent of gross pay

D$.$ Wong

Single, one other dependent

Annual pay: $$49,000$

$401($k$)$ deduction: $$120$ per period

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