Problem $5-1$A $($Static$)$

Required:

Compute the net pay for Briar Khan and Hollis Hart. Assume that they are paid a $$2,500$ salary biweekly, subject to federal income tax $($use the wage$-$bracket method$)$ in Appendix C and FICA taxes and have no other deductions from their pay. They have a state tax rate of $3$ percent. If they choose to participate in the cafeteria plan, the deduction for the pay period is $$100$; otherwise, there is no deduction for the cafeteria plan. The cafeteria plan qualifies under Section $125.$ You do not need to complete the number of hours. Additional information for Briar: Box $2$ is not checked, and the dependents are under $17.$

Note: Round your intermediate calculations and final answers to $2$ decimal places.

$\backslash$table$[[$Name$,$Filing Status,Dependents,Hourly Rate or Period Wage,Number of Regular Hours,Number of Overtime Hours,Number of Holiday Hours,Commissions,Gross Earnings,Cafeteria Plan,Taxable Wages for Federal or State WIH,Taxable Wages for FICA$],[$Briar Khan$-$no cafeteria plan,MJ$ $2,500\mathrm{.}00,,,,,$$ $2,500\mathrm{.}00,,,],[$Briar Khan$-$cafeteria plan,MJ$ $2,500\mathrm{.}00,,,,,$$ $2,500\mathrm{.}00,,,],[$Hollis Hart$-$no cafeteria plan,S$,0,$$ $2,500\mathrm{.}00,,,,,$$ $2,500\mathrm{.}00,,,],[$Hollis Hart$-$cafeteria plan,S$,0,$$ $2,500\mathrm{.}00,,,,,82,500\mathrm{.}00,,,],[$Name$,$Gross Earnings,Taxable Wages for Federal or State W$/$H$,$Taxable Wages for FICA,Federal W$/$H$,$Social Security Tax,Medicare W$/$H Tax,State W$/$H Tax,Net Pay,,,$],[$Briar Khan$-$no cafeteria plan,$ $2,500\mathrm{.}00,,,,$$ $155\mathrm{.}00,$$ $36\mathrm{.}25,$$ $75\mathrm{.}00,,,,],[$Briar Khan$-$cafeteria plan,$ $2,500\mathrm{.}00,,,,$$ $148\mathrm{.}80,$$ $34\mathrm{.}80,$$ $72\mathrm{.}00,,,,],[$Hollis Hart$-$no cafeteria plan,$ $2,500\mathrm{.}00,,,,$$ $155\mathrm{.}00,$$ $36\mathrm{.}25,$$ $75\mathrm{.}00,,,,],[$Hollis Hart$-$cafeteria plan,$ $2,500\mathrm{.}00,,,,$$ $148\mathrm{.}80,$$ $34\mathrm{.}80,72\mathrm{.}00,,,,]]$