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9. Current Liabilities
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Problem 15
9. Current Liabilities
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9. Current Liabilities / Payroll and Payroll Taxes / Problem 9
Problem 9
An employee has a gross pay of \$45,000. If the federal income tax withheld is \$6,750 and state income tax withheld is \$2,250, what is the net pay?
A
\$39,000
B
\$36,000
C
\$37,500
D
\$45,000
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