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For each of the following employees, calculate the Social Security tax for the weekly pay period described: NOTE: For simplicity, all calculations throughout this exercise,

For each of the following employees, calculate the Social Security tax for the weekly pay period described: NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1: Ronald McCarthy earned gross pay of $925. Each period he makes a 401(k) contribution of 6% of gross pay. His current year taxable earnings for Social Security tax, to date, are $29,500.

Total Social Security tax = $

2: Jill Newton earned gross pay of $2,255. She does not make any retirement plan contributions. Her current year taxable earnings for Social Security tax, to date, are $1,26,950.

Total Social Security tax = $

3: George Thomas earned gross pay of $2,575. Each period he contributes 4% of gross pay to a flexible spending account. His current year taxable earnings for Social Security tax, to date, are $103,750.

Total Social Security tax = $

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