Question: Re Requlred: Compute the net pay for Cyra Khan and Kumi Tanaka. Assume that they are paid a ( $ 2 , 5

Re Requlred:
Compute the net pay for Cyra Khan and Kumi Tanaka. Assume that they are paid a \(\$ 2,500\) salary weekly, subject to federal income tax (use the percentage method for manual payroll systems with Forms W-4 from 2020 or later) 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 Kahn: Box 2 is not checked, and the dependents are under 17.
Note: Round your Intermediate calculations and final answers to \(\mathbf{2}\) decimal places.
\begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|l|}
\hline Name & Filing Status & Dependents & Hourly Rate or Period Wage & Number of Regular Hours & Number of Overtime Hours & Number of Holiday Hours & Commissions & Gross Earnings & Section 125 & Taxable Wages for Federal or State W/H & Taxable Wages for FICA \\
\hline Cyra Khan-no cafeteria plan & MJ & \(217\) & \$ 2,500.00 & & & & & \$ 2,500.00 & \$ 0.00 & \$ 2,500.00 & \$ 2,500.00\\
\hline Cyra Khan-cafeteria plan & MJ & 217 & \$ 2,500.00 & & & & & \$ 2,500.00 & \$ 100.00 & \$ 2,400.00 & \$ 2,400.00\\
\hline Kumi Tanaka-no cafeteria plan & s & 0 & \$ 2,500.00 & & & & & \$ 2,500.00 & \$ 0.00 & \$ 2,500.00 & \$ 2,500.00\\
\hline Kumi Tanaka-cafeteria plan & s & 0 & \$ 2,500.00 & & & & & \$ 2,500.00 & \$ 100.00 & \$ 2,400.00 & \$ 2,400.00\\
\hline 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 & & \multicolumn{3}{|c|}{\multirow{5}{*}{}}\\
\hline Cyra Khan-no cafeteria plan & \$ 2,500.00 & \$ 2,500.00 & \$ 2,500.00 & & \$ 155.00 & \$ 36.25 & \$ 75.00 & & & & \\
\hline Cyra Khan-cafeteria plan & \$ 2,500.00 & \$ 2,400.00 & \$ 2,400.00 & & \$ 148.80 & \$ 34.80 & \$ 72.00 & & & & \\
\hline Kumi Tanaka-no cafeteria plan & \$ 2,500.00 & \$ 2,500.00 & \$ 2,500.00 & & \$ 155.00 & \$ 36.25 & \$ 75.00 & & & & \\
\hline Kumi Tanaka-cafeteria plan & \$ 2,500.00 & \$ 2,400.00 & \$ 2,400.00 & & \$ 148.80 & \$ 34.80 & \$ 72.00 & & & & \\
\hline
\end{tabular}
Re Requlred: Compute the net pay for Cyra Khan

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