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Following are some transactions and events of Business Solutions. Feb. 26 The company paid cash to Lyn Addie for eight days' work at ( $

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Following are some transactions and events of Business Solutions. Feb. 26 The company paid cash to Lyn Addie for eight days' work at \\( \\$ 130 \\) per day. Mar. 25 The company sold merchandise wath a \\( \\$ 2,300 \\) cost for \\( \\$ 3,400 \\) on credit to wildcat Services, invoice dated March Required: 1. Assume that Lyn Addie is an unmarried employee. Her \\$1,040 of wages have deductions for FiCA Social Security taxes, FiCA Medicare taxes, and fedpral income taxes. Her foderal income taxes for this pay period total \\( \\$ 104 \\). Compute her net pay for the eight days' work paid on Febroly 26. (Round your answer to 2 decimal places. Do not round intermediate calculations.) 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1. (Round your answers to 2 decimal places. Do not round intermediate calculations.) 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is \0.6 and the SUTA rate is \5.4 for the company. (Round your answers to 2 decimal places. Do not round intermediate calculations.) 4. Record the entries for the merchandise sold on March 25 if a \4 sales tax rate applies. (Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Record the entries for the merchandise sold on March 25 if a \4 sales tax rate applies

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