Stephen earns $11 per hour at his job. last month, stephen worked for 32 hours. on his paycheck, stephen noticed that he paid $37.30 for federal income tax, $21.82 for social security, and $5.10 for medicare. explain how to find stephen's net income.

$ 287.73

Step-by-step explanation:

Given,

The number of hours Stephen worked = 32 hours,

Wages per hour = $ 11,

Thus, total revenue = 32 × 11 = $ 352

Now, Federal income tax = $ 37.30,

Social security = $ 21.87,

Medicare = $ 5.10,

Thus, the total expenditure = 37.30 + 21.87 + 5.10 = $ 64.27,

Hence, Stephen's net income = revenue - expenditure

= 352 - 64.27

= $ 287.73

step-by-step explanation:

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