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After evaluating the information provided by the Lovely Treasures bookstore employees: 1. Determine the amounts that must be reported in the employees' W2. 2. Calculate

After evaluating the information provided by the Lovely Treasures bookstore employees: 1. Determine the amounts that must be reported in the employees' W2. 2. Calculate the Social Security and Medicare payment that the employer must make. 3. Calculate the state unemployment that the employer must pay at the rate of 6% of the first $ 10,000 the employee earns. 4. Make the entries to the wage related to the debts contracted with the different agencies in contributions by the employer.

Name of employee

Weekly Salary

Retirement payment

John Smith

$1,250.00

$21.93

Liza Lopez

950.00

37.12

Johnny Cage

1,100.00

88.00

Sonya Tomas

590.00

23.02

Cynthis Bird

860.00

92.00

Shawana Vazquez

1,020.00

48.00

Samuel Rivera

750.00

25.60

Wade Pool

640.00

26.40

Tony Gonzalez

1,000.00

32.68

Steve Stark

860.00

68.80

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