Below is a payroll sheet for Otis Import Company for the month of September 2014. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7,000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $113,700. In addition, 1.45% is charged both employer and employee for an employee?s wages in excess of $113,700per employee.

Attached is what I have done so far. I would like to know if it is right. Also I am having trouble to find the rest of FICA, please can someone find it for mefind it for me.

\fThankyou for letting me help you on this assignment. I assure you that you'll get a satisfactory answer from me. In order to make the communication between us faster, can you please communicate using my e m a i l ID - \"pratikpadia01 (a t) g m a i l (d o t) c o m\" Let me know in case you have any other difficulties. Thanks! Please provide me with a feedback on this question so that I can improve to help you better To provide your feedback, kindly email it to "pratikpadia01@gmail.com" (without " " symbols) Kindly note the email address : pratikpadia01@gmail.com Please do take out time to provide your feedback. IT IS REALLY IMPORTANT TO US. Thanks. Please provide me with a feedback on this question so that I can improve to help you better To provide your feedback, kindly email it to "pratikpadia01@gmail.com" (without " " symbols) Kindly note the email address : pratikpadia01@gmail.com Please do take out time to provide your feedback. IT IS REALLY IMPORTANT TO US. Thanks