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Colin Washington's weekly gross earnings for the week ending December 18 were $3,250, and his...

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Accounting

Colin Washington's weekly gross earnings for the week ending December 18 were $3,250, and his federal income tax withholding was $617.5. Prior to this week, Washington had earned $98,100 for the year. Assuming the social security rate is 6% on the first $100,000 of annual earnings and Medicare is 1.5% of all earnings, what is Washington's net pay? If required, round your answer to two decimal places.

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