Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly Assume that all wages are subject to Social Security and Medicare taxes All 401(k) and Section 125 amounts are pre tax deductions You do not need to complete the number of hours Required Calculate the net pay from the information provided below for the November 15 pay date Use the percentage method for manual payroll systems with Forms W 4 from 2020 or later in Appendix C to compute federal income taxes (Round your intermediate calculations and final answers to 2 decimal places ) a W Packer Married Joint, two dependents 17, Box 2 checked Annual pay $35,500 401(k) deduction $125 per pay period b K Ela Married Separate, two dependents 17, Box 2 checked Annual pay $53,400 401(k) deduction $250 per pay period C G Laureano Single, no dependents, Box 2 not checked Annual pay $50,400 Section 125 deduction $75 per pay period 401(k) deduction $50 per pay period d T Spraggins Married Joint, one dependent 17, Box 2 not checked Annual pay $45,000 United Way deduction $50 per pay period Garnishment $50 per pay period e M Christman Single, two dependents 17, one other dependent, Box 2 checked Annual pay $58,800 Section 125 deduction $50 per pay period 401(k) deduction 6 percent of gross pay per pay period f J Cherry Married Joint, one other dependent, Box 2 checked Annual pay $48,400 401(k) deduction $75 per pay period

Question

Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly  Assume that all wages are subject to Social Security and Medicare taxes  All 401(k) and Section 125 amounts are pre tax deductions  You do not need to complete the number of hours  Required  Calculate the net pay from the information provided below for the November 15 pay date  Use the percentage method for manual payroll systems with Forms W 4 from 2020 or later in Appendix C to compute federal income taxes  (Round your intermediate calculations and final answers to 2 decimal places ) a  W  Packer Married Joint, two dependents  17, Box 2 checked Annual pay  $35,500 401(k) deduction  $125 per pay period b  K  Ela Married Separate, two dependents  17, Box 2 checked Annual pay  $53,400 401(k) deduction  $250 per pay period C G  Laureano Single, no dependents, Box 2 not checked Annual pay  $50,400 Section 125 deduction  $75 per pay period 401(k) deduction  $50 per pay period d  T  Spraggins Married Joint, one dependent  17, Box 2 not checked Annual pay  $45,000 United Way deduction  $50 per pay period Garnishment  $50 per pay period e  M  Christman Single, two dependents  17, one other dependent, Box 2 checked Annual pay  $58,800 Section 125 deduction  $50 per pay period 401(k) deduction  6 percent of gross pay per pay period f J  Cherry Married Joint, one other dependent, Box 2 checked Annual pay  $48,400 401(k) deduction  $75 per pay period

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Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Assume that all wages are subject to Social Security and Medicare taxes.

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