Example 3-1 In 20-, the annual salaries paid to 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 Hanks, Timothy, President Grath, John, VP Finance James, Sally, VP Sales: Annual OASDI Taxable Salary Earnings OASDI Tax $174,000 s 148,800 69,600 Kimmel, Joan, VP Mfg. 54,000 Wie, Pam, VP Personnel 51,600 Grant, Mary, VP Secretary 49,200 b. November 15 HI Taxable Earnings HI Tax 7,250 105.13 6,200 89.90 2,900 42.05 2,250 32.63 2,150 31.18 2,050 29.73 December 31 Annual Salary OASDI Taxable Earnings OASDI Tax 0 0 Name and Title Hanks, Timothy, President $174,000 Grath, John, VP Finance 148,800 James, Sally, VP Sales 69,600 Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel 54,000 51,600 Grant, Mary, VP Secretary 49,200 HI Taxable Earnings HI Tax 7,250 105.13 6,200 89.90 2,900 42.05 2,250 32.63 2,150 31.18 2,050 29.73