7B-2. Fall Company has five salaried employees. Your task is to use the following information to prepare a payoll register to calculate net pay for each employee: Allowance and Cumulative Earnings Biweekly Employee Dunn, Heidi Marital Status Before This Payroll Salary Department S-1 $ 40,000 $1,350 Customer Service Howell, Kaitlynn S-1 35,000 1,300 Office Sheldon, Heidi S-1 58,300 1,500 Office Conway, Bryce S-2 126,300 2,020 Customer Service Clinton, Larry S-3 27,000 1,110 Customer Service Assume the following: 1. FICA OASDI is 6.2% on $127,200; FICA Medicare is 1.45% on all earnings. 2. Each employee contributes $50 biweekly for medical insurance. 3. State income tax is 6% of gross pay. 4. FIT is calculated from Figure 7.2