Kierofree Air Tours Has the Following Payroll Data for Its

Multiple Choice

Kierofree Air Tours has the following payroll data for its November 5 pay date: $$\begin{array} { | l | l | l | l | l | r | } \hline \text { Nov } & 5 & \text { Wages and salaries expense } & 522 & \$ 199,023.00 & \\\hline & & \text { Federal withholding tax payable } & 220 & & \$ 33,833.91 \\\hline & & \text { Social Security tax payable } & 221 & & 11,442.35 \\\hline & & \text { Medicare tax payable } & 222 & & 2,676.03 \\\hline & & 401 \text { k) contributions payable } & 223 & & 6,965.81 \\\hline & & \text { Health Insurance payable } & 224 & & 14,468.97 \\\hline & & \text { Union Dues payable } & 227 & & 4,975.58 \\\hline & & \text { Wages and salaries payable } & 226 & & ? ? ? \\\hline\end{array}$$ How much is the net pay?

A) $199,023.00
B) $185,216.26
C) $142,578.94
D) $124,660.35