Sue's 2022 net (take-home) pay was $23,205. Her only payroll deductions were for payroll taxes and federal income tax. Federal income tax withholdings totalled $4,020. What was the amount of her gross wages for the year? $25,127 $30,000 $29,480 None of the above
Sue's 2022 net (take-home) pay was $23,205. Her only payroll deductions were for payroll taxes and federal income tax. Federal income tax withholdings totalled $4,020. What was the amount of her gross wages for the year? $25,127 $30,000 $29,480 None of the above
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Sue's 2022 net (take-home) pay was $23,205. Her only payroll deductions were for
payroll taxes and federal income tax. Federal income tax withholdings totalled $4,020.
What was the amount of her gross wages for the year?
$25,127
$30,000
$29,480
None of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7fc7e87a-3422-4e4a-8d1f-cabfd1acbf31%2F58d42905-9949-43e0-9801-976459f2c1c4%2Fpvkmbyr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sue's 2022 net (take-home) pay was $23,205. Her only payroll deductions were for
payroll taxes and federal income tax. Federal income tax withholdings totalled $4,020.
What was the amount of her gross wages for the year?
$25,127
$30,000
$29,480
None of the above
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