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Kalen O'Brien earned $730 this week. The deductions from her pay were as follows: FIT $66.00 FICA-OASDI 45.26 FICA-HI 10.59 State income tax 36.50 State disability insurance 8.61 Health insurance premium 19.50 Credit union contribution 35.00 United Fund contribution 5.00 O'Brien's employer just received a garnishment order (credit card debt of $3,500) against her pay. Compute the following; round your answers to the nearest cent. a. O'Brien's disposable earnings $ b. The amount of her pay subject to the garnishment $ Check My Work

Kalen O'Brien earned $730 this week. The deductions from her pay were as follows: FIT $66.00 FICA-OASDI 45.26 FICA-HI 10.59 State income tax 36.50 State disability insurance 8.61 Health insurance premium 19.50 Credit union contribution 35.00 United Fund contribution 5.00 O'Brien's employer just received a garnishment order (credit card debt of $3,500) against her pay. Compute the following; round your answers to the nearest cent. a. O'Brien's disposable earnings $ b. The amount of her pay subject to the garnishment $ Check My Work

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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  1. Kalen O'Brien earned $730 this week. The deductions from her pay were as follows:

    FIT $66.00
    FICA-OASDI 45.26
    FICA-HI 10.59
    State income tax 36.50
    State disability insurance 8.61
    Health insurance premium 19.50
    Credit union contribution 35.00
    United Fund contribution 5.00

    O'Brien's employer just received a garnishment order (credit card debt of $3,500) against her pay. Compute the following; round your answers to the nearest cent.

    a. O'Brien's disposable earnings $
    b. The amount of her pay subject to the garnishment $
Check My Work
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