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Earnings Statement
Employee #: 12345
Income Earnings:
Rate $10
Hours 40
Taxes Withheld:
Social Security $25
Medicare $5
Federal Income Tax $40
State Income Tax $20
Employer Taxes Withheld:
Unemployment Ins. $10
Social Security $25
Medicare $5
Based on the pay stub above, what are the employee’s net earnings?
A. $270
B. $310
C. $340
D. $360
E. $400
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1 Answer