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Employee Net Pay Kenneth McFarland's weekly gross earnings for the week ending December 18 were $2,960,...

Employee Net Pay

Kenneth McFarland's weekly gross earnings for the week ending December 18 were $2,960, and his federal income tax withholding was $621.6. Assuming the social security rate is 6% and Medicare is 1.5% of all earnings, what is McFarland's net pay? If required, round your answer to two decimal places.


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