Preparing Form W-3 Refer to the data in QS 10-5. Compute the company’s Form W-3 Transmittal of Wage and Tax Statements information required below.

QS 10-5:

Preparing Form W-2 A company’s employer payroll taxes are 0.8% for federal unemployment taxes, 5.4% for state unemployment taxes, 6.2% for FICA Social Security taxes on earnings up to \($94,200\), and 1.45% for FICA Medicare taxes on all earnings. Compute the Form W-2 Wage and Tax Statement information required below for the following employees:

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W-3 Information Federal Income Tax Withheld ... Wages, Tips, Other Compensation. Social Security Tax Withheld Social Security Wages Medicare Tax Withheld Medicare Wages