\begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ 1) Employees' FICA Withholdings for Social Security } & \\ \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount & \\ \hline \multicolumn{4}{|l|}{ Tax Rate } & \\ \hline \multicolumn{4}{|l|}{ Dali } & \\ \hline \multicolumn{4}{|l|}{ Trey } & \\ \hline \multicolumn{4}{|l|}{ Kiesha } & \\ \hline \multicolumn{4}{|l|}{ Chee } & \\ \hline & & Total & 0.00 & \\ \hline \multicolumn{5}{|c|}{ 2) Employees' FICA Withholdings for Medicare } \\ \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount & \\ \hline \multicolumn{4}{|l|}{ Tax Rate } & \\ \hline \multicolumn{4}{|l|}{ Dali } & \\ \hline \multicolumn{4}{|l|}{ Trey } & \\ \hline \multicolumn{4}{|l|}{ Kiesha } & \\ \hline \multicolumn{4}{|l|}{ Chee } & \\ \hline & & Total & 0.00 & \\ \hline \multicolumn{5}{|c|}{ 3) Employer's FICA Taxes for Social Security } \\ \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount & \\ \hline \multicolumn{4}{|l|}{ Tax Rate } & \\ \hline \multicolumn{4}{|l|}{ Dali } & \\ \hline \multicolumn{4}{|l|}{ Trey } & \\ \hline \multicolumn{4}{|l|}{ Kiesha } & \\ \hline \multicolumn{4}{|l|}{ Chee } & \\ \hline & & Total & 0.00 & \\ \hline \end{tabular} Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25 . Payroll records show the following information for the company's four employees. In addition to gross pay, the company must pay one-half of the $72 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. Note: Round your intermediate calculations and final answers to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{9}{|c|}{ 7) Each Employee's Net (take-home) Pay } & \multirow{2}{*}{\multicolumn{2}{|c|}{ Total }} \\ \hline Employee & \multicolumn{2}{|r|}{ Dali } & \multicolumn{2}{|r|}{ Trey } & \multicolumn{2}{|c|}{ Kiesha } & \multicolumn{2}{|c|}{ Chee } & & \\ \hline Gross Pay & $ & 3,400.00 & $ & 2,600.00 & $ & 1,800.00 & $ & 1,000.00 & $ & 8,800.00 \\ \hline Income tax withholding & & 369.00 & & 411.00 & & 44.00 & & 35.00 & & 859.00 \\ \hline FICA - Social Security & & & & & & & & & & 0.00 \\ \hline FICA - Medicare & & & & & & & & & & 0.00 \\ \hline Health Insurance & & & & & & & & & & 0.00 \\ \hline Net Pay & & & & & & & & & $ & 0.00 \\ \hline \multicolumn{11}{|c|}{ 8) Employer's Total Payroll-Related Expense for Each Employee. } \\ \hline Employee & & Dali & & Trey & & iesha & & Chee & & Total \\ \hline Gross Pay & $ & 3,400.00 & $ & 2,600.00 & $ & 1,800.00 & $ & 1,000.00 & $ & 8,800.00 \\ \hline FICA - Social Security & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline FICA - Medicare & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline FUTA & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline SUTA & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline Health Insurance & & & & & & & & & & 0.00 \\ \hline Pension & & & & & & & & & & 0.00 \\ \hline Total Payroll Expense & $ & 3,400.00 & $ & 2,600.00 & $ & 1,800.00 & $ & 1,000.00 & $ & 8,800.00 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ 1) Employees' FICA Withholdings for Social Security } & \\ \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount & \\ \hline \multicolumn{4}{|l|}{ Tax Rate } & \\ \hline \multicolumn{4}{|l|}{ Dali } & \\ \hline \multicolumn{4}{|l|}{ Trey } & \\ \hline \multicolumn{4}{|l|}{ Kiesha } & \\ \hline \multicolumn{4}{|l|}{ Chee } & \\ \hline & & Total & 0.00 & \\ \hline \multicolumn{5}{|c|}{ 2) Employees' FICA Withholdings for Medicare } \\ \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount & \\ \hline \multicolumn{4}{|l|}{ Tax Rate } & \\ \hline \multicolumn{4}{|l|}{ Dali } & \\ \hline \multicolumn{4}{|l|}{ Trey } & \\ \hline \multicolumn{4}{|l|}{ Kiesha } & \\ \hline \multicolumn{4}{|l|}{ Chee } & \\ \hline & & Total & 0.00 & \\ \hline \multicolumn{5}{|c|}{ 3) Employer's FICA Taxes for Social Security } \\ \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount & \\ \hline \multicolumn{4}{|l|}{ Tax Rate } & \\ \hline \multicolumn{4}{|l|}{ Dali } & \\ \hline \multicolumn{4}{|l|}{ Trey } & \\ \hline \multicolumn{4}{|l|}{ Kiesha } & \\ \hline \multicolumn{4}{|l|}{ Chee } & \\ \hline & & Total & 0.00 & \\ \hline \end{tabular} Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25 . Payroll records show the following information for the company's four employees. In addition to gross pay, the company must pay one-half of the $72 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. Note: Round your intermediate calculations and final answers to 2 decimal places. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{9}{|c|}{ 7) Each Employee's Net (take-home) Pay } & \multirow{2}{*}{\multicolumn{2}{|c|}{ Total }} \\ \hline Employee & \multicolumn{2}{|r|}{ Dali } & \multicolumn{2}{|r|}{ Trey } & \multicolumn{2}{|c|}{ Kiesha } & \multicolumn{2}{|c|}{ Chee } & & \\ \hline Gross Pay & $ & 3,400.00 & $ & 2,600.00 & $ & 1,800.00 & $ & 1,000.00 & $ & 8,800.00 \\ \hline Income tax withholding & & 369.00 & & 411.00 & & 44.00 & & 35.00 & & 859.00 \\ \hline FICA - Social Security & & & & & & & & & & 0.00 \\ \hline FICA - Medicare & & & & & & & & & & 0.00 \\ \hline Health Insurance & & & & & & & & & & 0.00 \\ \hline Net Pay & & & & & & & & & $ & 0.00 \\ \hline \multicolumn{11}{|c|}{ 8) Employer's Total Payroll-Related Expense for Each Employee. } \\ \hline Employee & & Dali & & Trey & & iesha & & Chee & & Total \\ \hline Gross Pay & $ & 3,400.00 & $ & 2,600.00 & $ & 1,800.00 & $ & 1,000.00 & $ & 8,800.00 \\ \hline FICA - Social Security & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline FICA - Medicare & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline FUTA & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline SUTA & & 0.00 & & 0.00 & & 0.00 & & 0.00 & & 0.00 \\ \hline Health Insurance & & & & & & & & & & 0.00 \\ \hline Pension & & & & & & & & & & 0.00 \\ \hline Total Payroll Expense & $ & 3,400.00 & $ & 2,600.00 & $ & 1,800.00 & $ & 1,000.00 & $ & 8,800.00 \\ \hline \end{tabular}