Lana Powell has cumulative earnings of $116,000 at the end of September. In the first week in October she earns $2,000. The amount deducted for Social Security and Medicare from her check is (assume Social Security rate of 6.2% on $118,500 and Medicare of 1.45%) :
A) $29.00
B) $153.00
C) $53.20
D) $92.00
E) None of these
Correct Answer:
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