Example 3-1 Example 3-21 Wallington Company has 100 employees, each earning $525.25 a week. OASDI Amount of OASDI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees' wages: $32.57 (6.2% x $525.25) $3,257.00 ($32.57 x 100) Tax on employer: $3,256.55 [6.2% ($525.25x100)] Amount of HI tax withheld from each employee's paycheck each week: $7.62 Total tax withheld from the 100 employees' wages is: $762.00 (1.45% x $525.25) (57.62x100) Tax on employer: $761.01 [1.45 % ($525.25 x 100)] Haggerty Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20- follows. Compute the following for the payroll of December 31: If an amount is zero, enter "0". Round your answers to the nearest cent. Employee Stern, Myra Annual Salary OASDI Taxable Wages OASDI Tax HI Taxable Wages HI Tax $42,150 3,512.50 v 217.78 V 3,512.50 50.93 Lundy, Hal 39,500 3,291.67 V 204.08 3,291.67 V 47.73 Franks, Rob 46,000 3,833.33 237.67 V 3,833.33 V 55.58 Haggerty, Alan 161,280 127,200 X Ward, Randy 40,800 3,400.00 7,886 X 210.80 13,440.00 V 194.88 Hoskin, Al 39,600 3,300,00 204.60 3,400.00 3,300.00 49.30 47.85 Wee, Pam 145,500 106,800 X Prince, Harry 76,800 6,400.00 6,622 X 396.80 8,900.00 x 129.05 x 6,400.00 92.80 Maven, Mary 52,000 4,333.33 268.67 Harley, David 68,960 Totals 5,746.67 52,592.50 x 356.29 V 3,260.74 X 4,333.33 5,746.67 56,157.50 X 62.83 83.33 814.28 X Employer's OASDI Tax S 3,260.74 X Employer's HI Tax 814.28 X