Example 3-2 Wallington Company has 100 employees, each earning $525.25 a week. OASDI Amount of OASDI tax withheld from each employee's paycheck each week: $32.57 (6.2% x $525.25) Total tax withheld from the 100 employees' wages: $3,257.00 ($32.57 x 100) Tax on employer: $3,256.55 [6.2% x ($525.25 x 100)] HI Amount of HI tax withheld from each employee's paycheck each week: $7.62 (1.45% x $525.25) Total tax withheld from the 100 employees' wages is: $762.00 ($7.62 x 100) Tax on employer: $761.61 [1.45% ($525.25 x 100)] The biweekly taxable wages for the employees of Rite-Shop follow. Compute the FICA taxes for each employee and the employer's FICA taxes. Round your answers to the nearest cent. Employee Employee Name Biweekly Taxable Wages OASDI No. 711 Castro, Manny $4,000.00 512 Corrales, Pat 950.00 624 Guitar, Joseph 990.00 325 Moore, Connie 1,063.40 422 Morrison, Harry 1,500.00 Robertson, 210 1,264.80 Catherine 111 Swarez, Joseph 1,142.00 Totals Employer's OASDI Total Taxable Wages Employer's OASDI Tax Employer's HI Tax S Total Taxable Wages Employer's HI Tax FICA Taxes HI