For each employee listed, use the wage bracket method to calculate federal income tax withholding. Then calculate both the state income tax witholding (assuming a state tax rate of 5.0% of acable pay, with cable pay being the same for federal and state income tax withholding and the local income tax w holding Refer to Appendix A 2018 Federal Tax Tabies in your textbook NOTE: For simplicity calculations throughout this exercise, both intermediate and final, should be founded to two decimal places at each calculation 1 Paul Bronson (single, 1 tederal withholding allowance) eamed weekly gross pay of 51 247. For each period, he makes a 401) retirement plan contribution of 10% of gross pay. They in which he works the lives elsewhere) leves a tax of 15% of an employee's be pay which is the same for federal and local income tax Wenholding on residents, and 0.8% of an employee'stable pay on norwesidents Federal income tax withholdings Suate income tax withongs LOC income tax wings 2 Stephen McPherson m ed federaw a gances and we go pay of $300 partes in a fewe spending account to which the contributes STS during the period. They in which the lives and won a tax of 2 of an employees t e pay which is the same for de and local come withholding on residents and 16% of an employers le pay on horside Federal income tax wings Local income tax w ho 1310 for each period hem pay which is the same for federal and cancelax wehd on Tow n came we go w gross pay They in which the lives and wolves a lax of 14 an employee's and voedents