Answer:
Net Pay is equal to $1,474.19.
Explanation:
Net is Gross Pay minus taxes deductions. Therefore, Net Pay can be calculated as follows:
Particulars                              ($)           ($)   Â
Gross Pay                                        1,837.00
Taxes Deductions
Federal (8.24% of Gross Pay) Â Â Â Â Â Â Â Â Â Â Â Â (151.37)
FICA Medicare (1.45% of Gross Pay) Â Â Â Â Â Â (26.64)
FICA Social Security (6.20% of Gross Pay) Â (113.89)
State - OK (3.86% of Gross Pay) Â Â Â Â Â Â Â Â Â Â (70.91) Â
Total                                            (362.81)
Net Pay                                          1,474.19 Â
Therefore, Net Pay is equal to $1,474.19.