Gallagher Company has gathered the information needed to complete its Form $941$ for the quarter ended September $30,20--.$

Using the information presented below, complete Part $1$ of Form $941,$ rounding to the nearest cent.

# of employees for pay period that included September $12=15$ employees

Wages paid third quarter $=$ $$89,352\mathrm{.}18$

Federal income tax withheld in the third quarter $=$ $$10,195\mathrm{.}00$

Taxable social security and Medicare wages $=$ $$89,352\mathrm{.}18$

Total tax deposits for the quarter $=$ $$23,865\mathrm{.}92$

Note: Lines $5$a and $5$c of Form $941,$ tax on total taxable wages, are computed by multiplying by the combined tax rate for both employer and employee. Small differences due to rounding may occur between this total and the total taxes withheld from employees each pay period and the amount of the employer's taxes calculated each pay period. This difference is reported on line $7$ as a deduction or an addition as "Fractions of Cents."

Hint: Line $7$ instructions. Fill in Form $941$ through line $6,$ and then fill in Part $2,$ line $16,$ Schedule B$.$ Take that information and fill in line $10.$ Note that Lines $6$ and $10$ must equal. If the amounts are not the same, correct by entering amount to make equal on line $7.$ Line $7$ differences are caused by how calculations are made on Form $941$ and the amounts withheld from employee's earning plus the employer's payroll tax amounts each pay period.