Problem $5-4$A $($Algo$)$ Lex is the payroll accountant at All's Fair Gifts. The empioyees of All's Fair Gifts are paid semimonthly. Akila comes to Lex on Aprll $8$ and requests a pay advance of $\backslash (\backslash$$ $1\mathrm{.}000\backslash ).$ which Akila will pay back in equal parts on the April $19$ and May $17$ paychecks. Akila is single. with one deperident under $17,$ is paid $\backslash (\backslash$$ $53,200\backslash )$ per year, contributes $3$ percent of gross pay to a $\backslash (404(\backslash$mathrm$\{$k$\}\backslash )),$ and has $\backslash (\backslash$$ $129\backslash )$ per paycheck deducted for a Section $125$ plan. Required: Compute the net pay on Akila's April $199$ paycheck. The applicable state income tax rate is $5\mathrm{.}25$ percent. Use the wage$-$tracket method for manual payroll systems with Forms W$-4$ from $2020$ or later in Appendix $\backslash ($ S $\backslash )$ to determine the federat income tax. Assume box $2$ is not checked Note; Round your intermediate calculations and final onswer to $2$ decimol places.