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".

November 15 Name and Title OASDI Tax HI Taxable Earnings HI Tax Annual OASDI Taxable Salary Earnings $147,492 $ Hanks, Timothy, President Grath, John, VP Finance 127,800 James, Sally, VP Sales 74,400 Kimmel, Joan, VP Mfg. 57,600 Wie, Pam, VP Personnel 43,200 44,400 Grant, Mary, VP Secretary December 31 Name and Title OASDI Tax HI Taxable Earnings HI Tax Annual OASDI Taxable Salary Earnings $147,492 $ Hanks, Timothy, President Grath, John, VP Finance 127,800 James, Sally, VP Sales 74,400 57,600 Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel 43,200 Grant, Mary, VP Secretary 44,400 November 15 Name and Title OASDI Tax HI Taxable Earnings HI Tax Annual OASDI Taxable Salary Earnings $147,492 $ Hanks, Timothy, President Grath, John, VP Finance 127,800 James, Sally, VP Sales 74,400 Kimmel, Joan, VP Mfg. 57,600 Wie, Pam, VP Personnel 43,200 44,400 Grant, Mary, VP Secretary December 31 Name and Title OASDI Tax HI Taxable Earnings HI Tax Annual OASDI Taxable Salary Earnings $147,492 $ Hanks, Timothy, President Grath, John, VP Finance 127,800 James, Sally, VP Sales 74,400 57,600 Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel 43,200 Grant, Mary, VP Secretary 44,400