Example 3-1 In 20--, the annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. Round your answers to the nearest cent. If an amount is zero, enter "0". a. Name and Title Annual Salary OASDI Taxable OASDI Tax Earnings November 15 HI Taxable Earnings HI Tax Hanks, Timothy, President $152,400 $ 5,900 365.8 6,350 92.08 Grath, John, VP Finance 138,240 5,760 357.12 5,760 83.52 James, Sally, VP Sales 75,600 Kimmel, Joan, VP Mfg. 52,800 Wie, Pam, VP Personnel 45,600 Grant, Mary, VP Secretary 43,200 b. December 31 Name and Title Annual Salary OASDI Taxable HI Taxable OASDI Tax HI Tax Earnings Earnings Hanks, Timothy, President $152,400 0 0 6,350 92.08 Grath, John, VP Finance 138,240 420 26.04 5,760 83.52 James, Sally, VP Sales 75,600 Kimmel, Joan, VP Mfg. 52,800 Wie, Pam, VP Personnel 45,600 Grant, Mary, VP Secretary 43,200