wage bracket method for manual payroll systems with form w-4 from 2020 or later

Marbuty is the payroll accountant at Alrs Fair Gits. The employees of Alrs Fair Gifts are paid semimonthly. Sten comes to Marbury on Aprill 7 and requests a pay advance of $1.000, which Sten will pay back in equal parts on the Apail 15 and May 15 paycherks. Ster is single, with one dependent under 17, is paid $60,400 per year, contributes 3 percent of gross pay to a 401(k) and has $138 per paycheck deducted for a Section 125 plan. Required: Compute the net pay on Sten's April 15 paycheck. The applicable state income tax rate is 5.25 percent. Use the wage-bracket method for manual payroll systems with Forms W 4 from 2020 or later in ARpendix C to determine the federal income tax. Assume box 2 is not checked. Note: Round your intermediote calculations and final answer to 2 decimal places