Joe's weekly paycheck shows a gross pay of $550. There is a federal income tax deduction of $95.00, a social security tax deduction of $15.45, and a Medicare deduction of $11.38.
Joe has weekly expenses. He spends $20.20 on gas, $45.00 for a cell phone and $22.00 on school lunch. How much net income will Joe have left after all of his expenses are paid?
$202.45
$340.97
$400.87
$420.98