what is the net (take - home) pay for an individual with expenses shown who has a gross income of…

what is the net (take - home) pay for an individual with expenses shown who has a gross income of $60,000?\ntax table\n|expenses|amount taxed|\n|--|--|\n|fica|$4,690.00|\n|state income tax|$1,860.00|\n|federal income tax|$6,300.00|\n|medical insurance|$1,000.00|\nround to the nearest whole dollar.

what is the net (take - home) pay for an individual with expenses shown who has a gross income of $60,000?\ntax table\n|expenses|amount taxed|\n|--|--|\n|fica|$4,690.00|\n|state income tax|$1,860.00|\n|federal income tax|$6,300.00|\n|medical insurance|$1,000.00|\nround to the nearest whole dollar.

Answer

Explanation:

Step1: Calculate total expenses

$4690 + 1860+6300 + 1000$

Step2: Subtract total expenses from gross income

$60000-(4690 + 1860+6300 + 1000)$ $=60000 - 13850$ $=46150$

Answer:

$46150$