If 23% of Your Monthly Pay Is Withheld for Federal

Multiple Choice

If 23% of your monthly pay is withheld for federal income taxes and another 9% is withheld for Social Security, state income tax, and other miscellaneous items, leaving you with $995.50 a month in take-home pay, then the amount you earned before the deductions were removed from your check is given by the equation. Solve this equation to find your gross income to the nearest dollar.

A) $1,158.00 per month
B) $1,464.00 per month
C) $1,596.00 per month
D) $1,314.00 per month
E) $1,028.00 per month