Chin needs more money in his net pay each month, so he plans to reduce his federal income tax deduction from 12% to 11%. His mon
thly gross pay is $3,500, and his deductions before the change are listed in the table. Deduction
Dollar Amount
Federal Income Tax
$420
State Income Tax
$95
Social Security
$89
Medicare
$40
What will be his new monthly net pay? Round your answer to the nearest dollar.