How can I find the social security wages and tax withhled

This window shows your responses and what was marked correct and incorrect from your previous attempt Exercise 9-10A Calculating payroll LO 9-5 Old Town Entertainment has two employees in Year 1 Clay earns $4.500 per month and Philip, the manager, earns $10.000 per month. Neither is paid extra for working overtime. Assume the Social Security tax rate is 6 percent on the first $110,000 of earnings and the Medicare tax rate is 1.5 percent on all earnings. The federal income tax withholding is 15 percent of gross earnings for Clay and 22 percent for Philip. Both Clay and Philip have been employed all year 315/357 points awarded Scored Required a. Calculate the net pay for both Clay and Philip for March b. Calculate the net pay for both Clay and Philip for December c. Is the net pay the same in March and December for both employees? d. What amounts will Old Town report on the Year 1W-2s for each employee? Complete this question by entering your answers in the tabs below. Req A and B ReqC Reg D What amounts will Old Town report on the Year 1 W-2s for each employee? (Do not round Intermediate calculations.) Amount Appearing on W-2 for Year 1 54000 Box 1 Box 2 Box 3 Box 4 Box Box 6 Wages, tips, and other compensation Federal income tax withheld Social security wages Social security tax withheld Medicare wages and lips Medicare tax with 8.100 $4.000 3.240 54,000 810 Prap Wages, tips, and other compe Box 2 Federal income tax withheld Social Security wages 120.000 26.400 10.000 Req A and B ReqC Req D What amounts will Old Town report on the Year 1 W-2s for each employee? (Do not round intermedi Amount Appearing on W-2 for Year 1 Clay Box 1 Box 2 Box 3 Box 4 Box 5 Box 6 Wages, tips, and other compensation Federal income tax withheld Social security wages Social security tax withheld Medicare wages and tips Medicare tax withheld 54,000 8,100 54,000 3,240 54,000 810 Philip Box 1 Box 2 Box 3 Box 4 Box 5 Box 6 Wages, tips, and other compensation Federal income tax withheld Social security wages Social security tax withheld Medicare wages and tips Medicare tax withheld 120,000 26,400 10,000 600 120,000 1,800