Bob's Auction House's payroll for June includes the following data:
Gross earnings $3,200
Salaries subject to FICA:
6.2% OASDI 2,500
1.45% Medicare 3,000
Salaries subject to unemployment:
0.8% FUTA 2,000
2.0% SUTA 2,000
Other deductions include:
Federal income tax 500
State income tax 300
What is the gross pay?
A) $3,200.00
B) $1,942.40
C) $2,798.40
D) $1,998.40