Last year, a janitorial supervisor had a gross income of $34,100, of which he contributed 8% to his 401 (k) plan. If he got paid bimonthly, how much was deducted from each paycheck for his 401 (k) plan?

A. 389.71

B. 227.31

C. 52.46

D. 113.67

There was a gross income of 34,100 ... 8% goes to 401K plan ...

8% of 34,100 = 0.08 (34,100) = 2728

he gets paid bimonthly ... so he gets paid twice a month ... and being that there is 12 months in a year, he gets paid (12 * 2) = 24 times

2728/24 = 113.666 rounds to 113.67 each paycheck <==