Using the Following Information, Compute This Week's Take Home Pay

Essay

Using the following information, compute this week's take home pay and deductions for each employee. Use an Income Tax rate of 15% for Letitia and Paulo; an Income Tax rate of 22% for Steve and Catriona.
$$\begin{array} { l c c c } \text { Employee } & \begin{array} { c } \text { Earnings } \\\text { YTD }\end{array} & \begin{array} { c } \text { Earnings } \\\text { this Week }\end{array} & \begin{array} { c } \text { Medical } \\\text { Premiums }\end{array} \\\text { Letitia } & 20,000 & 800 & 10 \\\text { Paulo } & 16,000 & 400 & 10 \\\text { Steve } & 36,000 & 900 & 10 \\\text { Catriona } & 53,825 & 1,075 & 0\end{array}$$