Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items withheld: Social Security tax that is 6.2% of her gross pay
Medicare tax that is 1.45% of her gross pay
State tax that is 22% of her federal tax
a.
$691.52
b.
$666.21
c.
$636.98
d.
$623.52
d.
$623.52

answer: the net deposit amount   (option c)

in order to fill in the deposit slip, michael needs to fill in the amount that he wants to deposit in the bank. without the net deposit amount, he will not be able to deposit the money because it is mandatory for him to mention it, as the bank needs to maintain a record to avoid any inconveniences for the bank and michael in the future.

the bank officer checks and verifies the amount received against the amount written on the deposit slip to process the slip.  

on edgunuity the answer is c