15 Barney's semi-monthly paycheck stub. Employee:
Barney Smith
$1930.00
Pay Period:
09/01/2013 to
09/13/2013
Gross Pay
Deductions:
Federal Income Tax
Social Security Tax
Medicare Tax
Medical Premium
Total Deductions
Net Income
$289.90
$119.66
$27.99
$100,00
a. Calculate Barney's total deductions by adding the federal taxes and his medical premium Enter
this number in the last column for Total Deductions on his paycheck stub. 389.00
b. Subtract Barney's Total Deductions from his Gross Pay. Enter this number in the last column for
Net Pay on his paycheck stub.
C. Barney receives a semi-monthly paycheck. What does this mean?
d. What is Barney's monthly net income?