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can you help this problem? Three-Month Project 229 Complete Form 941 for the 4th quarter. Note that based on the lookback period, the company is

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Three-Month Project 229 Complete Form 941 for the 4th quarter. Note that based on the lookback period, the company is a monthly Corsitor. Assume that all necessary deposits were made on a timely basis and that the employer made deficits equal to the total amount owed for the quarter. Although Virginia quarterly state payroll forms are do filed by Ellipses Corp., you will not complete these. If directed to do so by your instructor, record the adversary journal entries associated with Form 941 (including those required for any tax payments made). NOTE! Recall from the Form 941 Rounding Considerations section that quarter- and year-end tax figures should not be calculated based on the total taxable earnings for the respective quarter or year. Instead, to avoid rounding discrepancies, tax figures within Part 2 of Form 941 should be determined for each employee by adding the individual taxes across each pay period. Complete Form 940 for Ellipses Corp. Note that FUTA payments are made only when required (i.e., if the employer is permitted to postpone the payment of these taxes, it will do so until a point in time when payment must be remitted). If directed to do so by your instructor, record the necessary journal entry associated with Form 940. 6. Calculate total SUTA tax owed by the employer. Although Ellipses Corp. will file state forms in which this figure is reported, you are required to calculate only the total amount owed for the year. 7. Complete Copy A of Form W-2 for each of the four employees. State wages were the same as federal wages subject to federal withholding tax for each of the four employees, and the state identification number for Ellipses Corp. is the same as its federal Employer Identification Number. 8. Complete Form W-3 for Ellipses Corp. Note that the company files the paper version of the form and select "None apply" in the Kind of Employer section. Three-Month Project NOTE! Templates needed to complete these exercises, including one containing year-to-date payroll da are included in the Student Exercise Files download for this course. Ampersand, Inc., is a small business that operates in Somerset, VT. The company is located at 732 Appala Way, Somerset, VT 05363. Its federal Employer Identification Number is 44-4444444, and its president, Phie all tax forms, is Stacey Jones (telephone #802-555-3917). The company does not wish to name a t employees are as follows

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