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#1. Calculating Gross Income • Dan works part time at Shopko • Dan worked 32 hours this week • Dan makes $9.75/hour • How much was Dan’s Gross Income?

#1. Calculating Gross Income Dan works part time at Shopko Dan worked 32 hours this week Dan makes $9.75/hour How much was Dan’s Gross Income?

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Page 1: #1. Calculating Gross Income Dan works part time at Shopko Dan worked 32 hours this week Dan makes $9.75/hour How much was Dan’s Gross Income?

#1. Calculating Gross Income

• Dan works part time at Shopko • Dan worked 32 hours this week• Dan makes $9.75/hour

• How much was Dan’s Gross Income?

Page 2: #1. Calculating Gross Income Dan works part time at Shopko Dan worked 32 hours this week Dan makes $9.75/hour How much was Dan’s Gross Income?

#2 Calculating Net Income

• If Dan paid $42.30 into state and $21.10 into federal what as his net income?

Page 3: #1. Calculating Gross Income Dan works part time at Shopko Dan worked 32 hours this week Dan makes $9.75/hour How much was Dan’s Gross Income?

#3 Calculating Gross Income

• Kylie just graduated from college and started working full time at a preschool. She makes $13.50/hour. What is her gross income?

Page 4: #1. Calculating Gross Income Dan works part time at Shopko Dan worked 32 hours this week Dan makes $9.75/hour How much was Dan’s Gross Income?

#4 – Calculating Net Income

• Kylie had $54.00 taken out of her check for state income tax and $37.00 taken out of her check for federal income tax. She also had $31.00 taken out for social security tax. How much was her net pay?