CengageNOWW2 Online teaching and learning resource from Cengage Learning 0 Chege Study Order Confirmation | Chegg.com eBook Printem Wage and Tax Statement Data on Employer FICA Tax Ehrlich Co. began business on January 2, 2018 Salaries were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in the required amounts. An employee who is hired in the middle of the month receives half the monthly salary for that month. All required payroll tax reports were fled, and the correct amount of payroll taxes was remitted by the company for the calendar year Early in 2019, before the Wage and Tax Statements (Form W-2) could be prepared for distribution to employees and for filing with the Social Security Administration, the employees' earnings records were inadvertently destroyed None of the employees resigned or were discharged during the year, and there were no changes in salary rates. The social security tax was withheld at the rate of 6.0% and Medicare tax at the rate of 1.5%. Data on dates of employment, salary rates, and employer income taxes withheld, which are summarized as follows, were obtained from personnel records and payroll records: Date First Employed Nov. 16 Monthly Salary Employee Arnett Crus Edwards Marvin Jan 2 Monthly Income Tax withheld $944 03 1,592 1,070 2,350 2.600 Oct. 1 $5,500 5,000 11,000 6,000 10,000 11,600 15220 Dec 1 Nicks Feb. 1 Shiance Mar. 1 Ward Nov. 16 876 Required: 1. Determine the amounts to be reported on each employee's Wage and Tax Statement (For W-2) for 2073. Enter amounts to the nearest cent it required. Inter all amounts as positive numbers Gross Federal Income Social Security Medicare Emplovee Earnings Tax withheld Tax Withheld Tax Withheld Chad My Word Ema Submit Assignment for Grading CengageNOWW2 Online teaching and learning resource from Cengage Learning 0 Chege Study Order Confirmation | Chegg.com eBook Printem Wage and Tax Statement Data on Employer FICA Tax Ehrlich Co. began business on January 2, 2018 Salaries were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in the required amounts. An employee who is hired in the middle of the month receives half the monthly salary for that month. All required payroll tax reports were fled, and the correct amount of payroll taxes was remitted by the company for the calendar year Early in 2019, before the Wage and Tax Statements (Form W-2) could be prepared for distribution to employees and for filing with the Social Security Administration, the employees' earnings records were inadvertently destroyed None of the employees resigned or were discharged during the year, and there were no changes in salary rates. The social security tax was withheld at the rate of 6.0% and Medicare tax at the rate of 1.5%. Data on dates of employment, salary rates, and employer income taxes withheld, which are summarized as follows, were obtained from personnel records and payroll records: Date First Employed Nov. 16 Monthly Salary Employee Arnett Crus Edwards Marvin Jan 2 Monthly Income Tax withheld $944 03 1,592 1,070 2,350 2.600 Oct. 1 $5,500 5,000 11,000 6,000 10,000 11,600 15220 Dec 1 Nicks Feb. 1 Shiance Mar. 1 Ward Nov. 16 876 Required: 1. Determine the amounts to be reported on each employee's Wage and Tax Statement (For W-2) for 2073. Enter amounts to the nearest cent it required. Inter all amounts as positive numbers Gross Federal Income Social Security Medicare Emplovee Earnings Tax withheld Tax Withheld Tax Withheld Chad My Word Ema Submit Assignment for Grading