Compute Michelle Strand’s gross earnings and net pay for the pay period.

College Accounting (Book Only): A Career Approach
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ISBN:9781305084087
Author:Cathy J. Scott
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Chapter7: Employee Earnings And Deductions
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Michelle Strand’s regular hourly wage rate is $34, and she receives an hourly rate of $51 for work in excess of 40 hours. During a January pay period, Michelle works 45 hours. Michelle’s federal income tax withholding is $89, and she has no voluntary deductions.

Compute Michelle Strand’s gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.)

Michelle’s gross earnings
  $enter a dollar amount
 
Michelle’s net pay
  $enter a dollar amount
 
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