George Clausen (age 48) is employed by Kline Company and is paid an annual salary of $42, 640. He has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Clausen:  C) What would be his weekly take-home pay with the retirement contribution deducted? D) What would be his weekly take-home pay without the retirement contribution?

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