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2) Employees' FICA Withholdings for Medicare begin{tabular}{|l|l|l|l|l|} hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount hline Tax Rate & & &

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed 2) Employees' FICA Withholdings for Medicare \begin{tabular}{|l|l|l|l|l|} \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & & \\ \hline \end{tabular} 3) Employer's FICA Taxes for Social Security Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FIC Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25 . Payroll records show the follov information for the company's four employees. In addition to gross pay, the company must pay one-half of the $64 per employee weekly health insurance; each employee pay remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pen fund. Required: Compute the following for the week ended August 25 . Note: Round your intermediate calculations and final answers to 2 decimal places

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