Complete the FWT and SWT columns of the payroll register for TCLH Industries. Note that although the Voluntary Withholdings column will require additional updating in subsequent chapters, you should populate this column with any appropriate figures given.

1. Zachary Fox does not make any voluntary deductions that impact earnings subject to federal income tax withholding. He is married, claims four withholding allowances for both federal and state, and his weekly gross pay was $1,162.
2. Calvin Bell makes a 401(k) retirement plan contribution of 6% of gross pay. He is single, claims two federal withholding allowances and one state withholding allowance, and his weekly gross pay was $417.93.
3. David Alexander makes a 401(k) retirement plan contribution of 12% of gross pay. He is single, claims one withholding allowance for both federal and state taxes, and his weekly gross pay was $4,050.
4. Michael Sierra contributes $50 to a flexible spending account each period. He is married, claims four federal withholding allowances and three state withholding allowances, and his weekly gross pay was $2,450.

Notes:

• For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

Payroll Register Pay Period 12/15/2019 Pay Date 12/19/2019 Earnings Deductions Employee Regular Regular Overtime Overtime Overtime Total FWT SWT Social Medicare Vol. With Check Net Pay Regular Earnings Name Hours Rate Hours Rate Earnings Earnings Security Number Fox, Z 40 $28.00 $1,120.00 1 $42.00 $42.00 $1,162.00 $ X $ XS $ Bell, C 40 $7.30 $292.00 11.5 $10.95 $125.93 $417.93 $ $ Xs $ $ Alexander, D n/a n/ n/a $4,050.00 n/a n/a $4,050.00 $ X $ XS $ $ XXX Sierra, M n/a n/a $2,450.00 n/a n/a $2,450.00 $ $ XS $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Totals: $7,912.00 $167.93 $8,079.99 $ X$ X $