Question - An employee receives an hourly rate of $22, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 47 federal income tax withheld, $352 cumulative earnings for year prior to current week, $98,624 social security tax rate, 6.0% on maximum of $110,521 and Medicare tax rate, 1.5% on all earnings. What is the gross pay for the employee?