3. Shown below is a summary of the annual payroll data of Viking Ironworks: Wages and salaried expense (gross pay) Amounts withheld form employee's pay Income taxes Social Security and Medicare Payroll taxes expense: Social Security and Medicare Unemployment taxes Workers' compensation premiums Group health insurance premiums (paid by employer) Contributions to employees pension plan (paid by employer and fully funded) Cost of other postretirement benefits: Funded Unfunded $1,225,000 $65,000 50,000 115,000 $50,000 12,000 62,000 45,000 106,000 45,000 $20,000 35,000 55,000 I (a) Compute Viking's total payroll-related expense for the year (b) Compute the company's cash outlays during the year for the payroll-related expenses (assume short-term obligations such as insurance premiums and payroll taxes have been paid) (c) Compute the annual take-home pay of Viking's employees