You work at the peacock blue store 40 hours/week over five days at a rate of $10.25/hour. deductions are fica (7.65%), federal withholding (15%), and state withholding (10%). your expenses are transportation at $5.25/day, lunch at $3.85/day, and black slacks required for work at $19.95. how much is your discretionary income for one week?

210.69 is the answer.

Sorry for not explaining my work, in a bit of a hurry. I had this question back when i was in school.

Hope this helps & good luck. :)

Weekly salary =

Deductions are as follows:

FICA = 7.65% , amount becomes

Federal withholding =

State withholding =

Hence, total deductions are =

Daily transportation and lunch costs per day

Weekly expense for food and transportation =

Cost of black slacks = $19.95

So, total expenses including deductions are =

Now, the weekly discretionary income is = = $210.685 ≈ $210.69

Hence, the answer is $210.69.

step-by-step explanation:

the answer is 0052

0 0 5 2

5 0 2 6 3 5

− 0

2 6

− 0

2 6 3

− 2 5 0

1 3 5

− 1 0 0

3 5