15 150 pts Compute the net pay for Karen Wilson and Katie Smith Assume that they are paid biweekly, subject to federal income tax (use the wage-bracket method) and FICA taxes, and have no other deductions from their pay. They have a state tax rate of 3 percent. If they choose to participate in the cafeteria plan, the deduction for the pay period is $100: otherwise, there is no deduction for the cafeteria plan. The cafeteria pian qualifies under Section 125. You do not need to complete the number of hours. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix Round your intermediate calculations and final answers to 2 decimal places.) [No. of Overtime Name No. of Holday Hours Commissions Gross Earnings Section 125 Thecable Wages for Wages for Federal WFCA Karen Wincran Matth cafeteria plan Katietherapan Hourly Rae No of ws WHO Period Regular wage Hours 43.000.00 4300000 1 $ 2.000.00 S 5 2.000.00 Taxatie Gross Earrings Wages for Wages for Federal WHMCA 5 1.720.00 Name Sool Security Federal WH Medicare WH State Wax Net Pay Karen Winterpan Karen Wison-cafeteria plan 15 150 pts Compute the net pay for Karen Wilson and Katie Smith Assume that they are paid biweekly, subject to federal income tax (use the wage-bracket method) and FICA taxes, and have no other deductions from their pay. They have a state tax rate of 3 percent. If they choose to participate in the cafeteria plan, the deduction for the pay period is $100: otherwise, there is no deduction for the cafeteria plan. The cafeteria pian qualifies under Section 125. You do not need to complete the number of hours. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix Round your intermediate calculations and final answers to 2 decimal places.) [No. of Overtime Name No. of Holday Hours Commissions Gross Earnings Section 125 Thecable Wages for Wages for Federal WFCA Karen Wincran Matth cafeteria plan Katietherapan Hourly Rae No of ws WHO Period Regular wage Hours 43.000.00 4300000 1 $ 2.000.00 S 5 2.000.00 Taxatie Gross Earrings Wages for Wages for Federal WHMCA 5 1.720.00 Name Sool Security Federal WH Medicare WH State Wax Net Pay Karen Winterpan Karen Wison-cafeteria plan