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1) Employees' FICA Withholdings for Social Security Earnings Employee Subject to Tax Rate Tax Tax Amount Dali $ 3,000.00 X 6.20% 142.60 Trey 1,800.00 6.20% 111.60 Kiesha 660.00 6.20% 40.92 Chee 610.00 6.20% 37.82 Total $ 332.94 2) Employees' FICA Withholdings for Medicare Earnings Employee Subject to Tax Rate Tax Tax Amount Dali $ 4, 100.00 1.45% $ 59.45 Trey 1,800.00 1.45% 26.10 Kiesha 660.00 1.45% 9.57 Chee 610.00 1.45% 8.85 Total $ 103.973) Employer's FICA Taxes for Social Security Earnings Employee Subject to Tax Rate Tax Tax Amount Dali Trey Kiesha Chee Total $ 0.00 4) Employer's FICA Taxes for Medicare Earnings Employee Subject to Tax Rate Tax Tax Amount Dali Trey Kiesha Chee Total 0.005) Employer's FUTA Taxes Earnings Employee Subject to Tax Rate Tax Tax Amount Dali Trey Kiesha Chee Total 0.00 6) Employer's SUTA Taxes Earnings Employee Subject to Tax Rate Tax Tax Amount Dali Trey Kiesha Chee Total 0.007) Each Employee's Net (take-home) Pay Employee Dali Trey Kiesha Chee Total Gross Pay $ 4,100.00 $ 1,800.00 660.00 $ 610.00 $ 7,170.00 Income tax withholding 582.00 290.00 57.00 46.00 975.00 FICA - Social Security 142.60 111.60 40.92 37.82 332.94 FICA - Medicare 0.00 Health Insurance 0.00 Net Pay 0.00 8) Total Payroll Related Expense for Each Employee Employee Dali Trey Kiesha Chee Total Gross Pay $ 4,100.00 $ 1,800.00 $ 660.00 $ 610.00 $ 7,170.00 FICA - Social Security 0.00 0.00 0.00 0.00 0.00 FICA - Medicare 0.00 0.00 0.00 0.00 0.00 FUTA 0.00 0.00 0.00 0.00 0.00 SUTA 0.00 0.00 0.00 0.00 0.00 Health Insurance 0.00 Pension 0.00 Total Payroll Expense $ 4,100.00 $ 1,800.00 $ 660.00 $ 610.00 $ 7,170.00Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $118500 paid to each employee. and FICA Medicare taxes are 1.45% of gross pay. Also, for the rst $7.000 paid to each employee. the company's FUTA taxes are 0.6% and SUTA taxes are 2.15%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees. Currant Week Genes Pay Income Tax Hana through Aug. 18 Gross Pay Withholding Dali $116,050 $4,100 5 592 Trey 116,?00 1,900 290 Rieaha 9,200 660 5? Ghee 3,150 610 46 In addition to gross pay, the company must pay one-half of the $102 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 896 of each employee's gross pay [at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. {Round your intermediate calculations and nal answers to 2 decimal place-5.}