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Brian Corsig, an employee of Coronado Company, has gross earnings for the month of October of $2700. FICA taxes are 7.65% of gross earnings, federal income taxes amount to $484 for the month, state income taxes are 2% of gross earnings, and authorizes voluntary deductions of $10 per month to the United Way. What is the net pay for Brian? O $1955.45 $1999.45 $2009.45 $1945.45

Brian Corsig, an employee of Coronado Company, has gross earnings for the month of October of $2700. FICA taxes are 7.65% of gross earnings, federal income taxes amount to $484 for the month, state income taxes are 2% of gross earnings, and authorizes voluntary deductions of $10 per month to the United Way. What is the net pay for Brian? O $1955.45 $1999.45 $2009.45 $1945.45

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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am. 113.

Brian Corsig, an employee of Coronado Company, has gross earnings for the month of October of $2700. FICA taxes are 7.65% of gross earnings, federal income taxes amount to $484 for the month, state income taxes are 2% of gross earnings, and authorizes voluntary deductions of $10 per month to the United Way. What is the net pay for Brian? $1955.45 O $1999.45 $2009.45 O $1945.45
Transcribed Image Text:Brian Corsig, an employee of Coronado Company, has gross earnings for the month of October of $2700. FICA taxes are 7.65% of gross earnings, federal income taxes amount to $484 for the month, state income taxes are 2% of gross earnings, and authorizes voluntary deductions of $10 per month to the United Way. What is the net pay for Brian? $1955.45 O $1999.45 $2009.45 O $1945.45
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