b Higgins works for Red Apple Engines, which pays employees on a semimonthly basis. Bob's annual salary is $150,000, Required Calculate the following: (Round "Employer Share Social Security Tax" & "Employer Share Medicare Tax" to 2 decimal places.) Prior YTD Earnings Social Security Employer Share Medicare Tax Medicare ay Date November 15 S December 31 Wages Taxable Wages Social Security 1,856 S 0.63 7.936 S 936.00 87.500 s7.936 1856 S7936 S 90 63 302 PM /3/2019 Unit 8 Discussion Payroll Register and City Income Taxes 1. The payroll register is a main part of completing the payroll process. What is the purpose of a payroll register? Be specific. 2. Why is it important to pay attention to rounding in completing payroll calculations? Give an example