5. Havana Forever employs one employee. During the year the employee earned $140,000 According to federal and state regulations Havana Forever withholds employer and employee taxes and pays them in March of the following year. The following taxes are withheld from the employee's paycheck 12% federal income tax on gross earnings 5% state income tax on gross earnings 6.2% social security tax on gross earnings up to $127,200 1.45% medicare tax on gross earnings Havana Forever is also responsible for the following employer taxes: 4% state unemployment tax on the first $10,000 of gross earnings earned by each employee 0.6% federal unemployment tax on the first $7,000 of gross earnings earned by each employee I . 6.2% social security tax on gross eamings up to $127,200 1.45% medicare tax on gross earnings a. (2 pts) Calculate the employee's gross pay for the year. b. (3 pts) Calculate the employee's net pay for the year c. (3 pts) Calculate the employer's taxes for the year d. (2 pts) Calculate the total cost of the employee to the employer for the year