Fishing Guides Co. has four employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 1.75%. The company is preparing its payroll calculations for the week ended September 30. Payroll records show the following information for the company's four employees. 2 Name Gross Pay through Sep. 23 $116,900 116,985 6,650 23,700 3 Ahmed 4 Carlos 5 Jun 6 Marie Current Week Gross Income Tax PayW ithholding $2,500 1,515 182 475 32 1,000 68 $198 Page 438 In addition to gross pay, the company must pay 60% of the $50 per employee weekly health insurance; each employee pays the remaining 40%. The company also contributes an extra 5% of each employee's gross pay (at no cost to employees) to a pension fund. Required Compute the following for the week ended September 30 (round amounts to the nearest cent): 1. Each employee's FICA withholdings for Social Security. 2. Each employee's FICA withholdings for Medicare. 3. Employer's FICA taxes for Social Security. Check (3) $284.58 4. Employer's FICA taxes for Medicare. (4) $79.61 5. Employer's FUTA taxes. (5) $2.10 6. Employer's SUTA taxes. 7. Each employee's net (take-home) pay. (7) Total net pay, $4,565.81 8. Employer's total payroll-related expense for each employee