Rose’s Ringlets, a national hair salon, pays the following in employee benefits each pay period: $700 for health care, 10% of gross wages for retirement income and 1.5% of gross wages for retiree health care. What will Rose’s Ringlets pay in employee benefits for Nancy who has a gross wage of $5,200 for the pay period?
A
$ 598
B
$ 700
C
$ 1,220
D
$ 1,298
