Question: Calculating Net Pay Lightning Electronics is a mid-size manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees earned wages totaling $100,000 but that federal income taxes totaling $14,000 and FICA taxes totaling $5,250 were withheld from this amount. There were no voluntary deductions. The net pay was directly deposited into the employees' bank accounts. What was the amount of net pay? If the company incurs $90 for federal unemployment taxes and $608 for state unemployment taxes, what is the total payroll cost (including employer payroll taxes) for this period?