the porters are moving because mr. porter got a new job. until mrs. porter finds a job in the new city, the…

the porters are moving because mr. porter got a new job. until mrs. porter finds a job in the new city, the porter family will live on mr. porter’s salary. in the new city, his gross pay is $7,500 per month. his deductions include the following: federal income tax $1,400 state income tax $535 social security $415 medicare $150 what is mr. porter’s net pay each month?

the porters are moving because mr. porter got a new job. until mrs. porter finds a job in the new city, the porter family will live on mr. porter’s salary. in the new city, his gross pay is $7,500 per month. his deductions include the following: federal income tax $1,400 state income tax $535 social security $415 medicare $150 what is mr. porter’s net pay each month?

Answer

Answer:

$5000$

Explanation:

Step1: Calculate total deductions

$1400 + 535+415 + 150=2500$

Step2: Calculate net - pay

$7500-2500 = 5000$