Amy's Gross Pay for the Week Is $870

Multiple Choice

Amy's gross pay for the week is $870.00.Her deduction for federal income tax is based on a rate of 25%.She has voluntary deductions of $245.00.Her year-to-date pay is under the limit for OASDI.What is her net pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.(Round all calculations to the nearest cent.)

A) $407.50
B) $652.50
C) $585.94
D) $340.94