Respuesta :

Let's begin by listing out the information given to us

Annual gross income = $56,262

Tax rate = 20.2%

Annual net income = Annual gross income - (Annual gross income * Tax rate)

Annual net income = 56,262 - (56262 * 0.202) = 56262 - 11,364.924

Annual net income = 44,897.076

Annual net income = $44,897.08