Richard gaziano is a manager for health care, inc. health care deducts social security, medicare, and fit (by percentage method) from his earnings. assume a rate of 6.2% on $128,400 for social security and 1.45% for medicare. before this payroll, richard is $1,000 below the maximum level for social security earnings. richard is married, is paid weekly, and claims 2 exemptions.

what is richard’s net pay for the week if he earns $1,400? (use table 9.1 and table 9.2).