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I need the red boxes fixed please.

Requlred Informetion [The following information applies to the questions displayed below.] Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to complete a month of payroll information for Wayland. Wayland Custom Woodworking is located at 12850 Old Highway 50, Glenbrook, Nevada, 89413 , phone number 775-555-9877. The owner is Mark Wayland. Wayland's EIN is 91-7444533 and the Nevada Employer Account Number is E6462582020-6. Wayland has determined it will pay its employees on a semimonthly basis. Federal income tax should be computed using the percentage method. For Part 2 of this project, you will complete payroll for the last month (December) of the fourth quarter (Q4) of 2021 , which consists of the final pay periods of the year. Then file the annual tax forms for Wayland as well as prepare each employee's Form W-2 in Part 2 on or before the due date 01/14/2022. For Part 2 of this project, you will use the fourth quarter payroll information that you calculated in Part 1 to complete the following tax forms for Wayland Custom Woodworking: - U.S. Form 941 - U.S. Form 940 - Nevada NUCS 4072 - Nevada New Hire Report - Form W-2s for all 6 employees - Form W3 for WCW Elective deferrals including deferrals under a simple retirement account that is part of a section 401(k) arrangement should be reported in Box 12, using code D. Employer amounts for health coverage should be reported as 1.5 times the employee's premium in Box 12, using Code DD. Specific instructions on how to complete each form can be found within the individual forms themselves. The employee information for Wayland has been presented again below, for convenience. lotal deposits made tor the quarter is $12,/ Ub.46. FUTA tax deposited for the year, including any overpayment applied from a prior year is $252.00. Total deposits made for the quarter is $12,705.46. FUTA tax deposited for the year, including any overpayment applied from a prior year is $252.00. If you have submitted Part 1 already, it is recommended that you access your submission while attempting Part 2, as you will need the information from Part 1 in order to complete all applicable tax forms. For additional instructions on how to navigate and work through through Part 2 of this project, please download the student project guide here. Required: 1. Complete Form 941 for the remittance of quarterly federal taxes. 941PG1941PG2 Complete Page 1 of Form 941. (Round your intermediate computations and final answers to 2 decimal places. Input all values as positive numbers.) Read the sepsrate instructions before you cormpletet Farm Q41. Type or print within the baxes. Part 1: Answer these questions for this quarter. 3), or Dec. 12 (Quarter 4) 2 Wages, tips, and other compensation 3 Federal Income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to soclal security or Medicare tax Check and go to line 6 . 5a Taxable soclal security wages 5a (I) Qualifled slck leave wages 5a (ii) Qualifled family leave wages 5b Taxable soclal security tips 5c Taxable Medicare wages \& tlps 5d Taxable wages \& tipe subject to Additional Medicare Tax withholding \begin{tabular}{|r|} \multicolumn{1}{c|}{ Column 2} \\ \hline 43,028.00 \\ \hline 0.00 \\ \hline 0.00 \\ \hline 0.00 \\ \hline 0.00 \\ \hline 0.00 \end{tabular} 5 Total soclal aecurity and Medicare taxes. Add Column 2 from lines 5a,5a(l),5g(ll),5b,5c, and 5d 5t section 3121 (q) Notice and Demand - Tax due on unreported tips 6 Total taxes before adjustments. Add line: 3,5e, and 5f 7 Current quarter's adjustment for fractions of cents 8 Current quartar's adjustment for alck pay 9 Current quartar's adjustments for tips and group-term Ilfe insurance 10 Total taxes after adjustmenta. Combine lines 6 through 11 Q Qualfied small business payroil tax credit for increasing research activitles. Attach Form 8974 11b Nonrefundable portion of credit for qualifled alck and family leave wages for leave taken before April 1, 2021 11c Nonrefundable portion of employee retention credit 11 Nonrefundable portion of credit for quallfed alck and family leave wages for leave taken after March 31,2021 11e Nonrefundable portion of COBRA premlum asalstance credit (8ee Instructions for applicable quartere) 11f Number of Individuals provided COBRA premlum assistance 11g Total nonrefundable credits. Add Ines 11s, 11D, 11c, 11d, and 11 12 Total taxes after adjustments and nonrefundable credite. Subtract line 11g from llne 10 13 Total deposits for this quarter, Including overpayment applled from a prlor quarter and overpaymente appiled from Form 941X,941X (PR). 944-X, or 944X (SP) fled in the current quarter 13b Reserved for future use 13c Refundable portion of credit for qualified slck and family leave wages for leave taken before AprII 1, 2021 13d Refundable portion of employee retention credit 13 e Refundable portion of credit for qualified slck and family leave wages for leave taken after March 31,2021 13f Rifundable portion of COBRA premlum assistance credit (ase instructions for applicable quartera) 13g Total deposite and refundable credits. Add Ilnes 138, 13c, 13d, 139 , and 13f 13h Total advances recelved from filing Form(8) 7200 for the quarter 131 Total deposite and refundable credits less advances. subtract ilne 13h from llne 13g 14 Balance due. If fre 12 is mone than line 13 , enter the difference and see instructions 15 overpayment. If frue 13 is more than line 12 , snter thes difference You MUST complete both pages of Form 941 and SIGN It \begin{tabular}{|r|} \hline 68 \\ \hline 347,000.00x \\ \hline x \\ \hline \end{tabular} For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment voucher. Next THIS FORMIS A SIMULATION OF AN OFFICIAL U. S. TAX FORM. IT IS NOT THE OFFICIALL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILING S OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2022 McGraw-HIII Education. Name \{riot your trade name Requlred Informetion [The following information applies to the questions displayed below.] Wayland Custom Woodworking is a firm that manufactures custom cabinets and woodwork for business and residential customers. Students will have the opportunity to establish payroll records and to complete a month of payroll information for Wayland. Wayland Custom Woodworking is located at 12850 Old Highway 50, Glenbrook, Nevada, 89413 , phone number 775-555-9877. The owner is Mark Wayland. Wayland's EIN is 91-7444533 and the Nevada Employer Account Number is E6462582020-6. Wayland has determined it will pay its employees on a semimonthly basis. Federal income tax should be computed using the percentage method. For Part 2 of this project, you will complete payroll for the last month (December) of the fourth quarter (Q4) of 2021 , which consists of the final pay periods of the year. Then file the annual tax forms for Wayland as well as prepare each employee's Form W-2 in Part 2 on or before the due date 01/14/2022. For Part 2 of this project, you will use the fourth quarter payroll information that you calculated in Part 1 to complete the following tax forms for Wayland Custom Woodworking: - U.S. Form 941 - U.S. Form 940 - Nevada NUCS 4072 - Nevada New Hire Report - Form W-2s for all 6 employees - Form W3 for WCW Elective deferrals including deferrals under a simple retirement account that is part of a section 401(k) arrangement should be reported in Box 12, using code D. Employer amounts for health coverage should be reported as 1.5 times the employee's premium in Box 12, using Code DD. Specific instructions on how to complete each form can be found within the individual forms themselves. The employee information for Wayland has been presented again below, for convenience. lotal deposits made tor the quarter is $12,/ Ub.46. FUTA tax deposited for the year, including any overpayment applied from a prior year is $252.00. Total deposits made for the quarter is $12,705.46. FUTA tax deposited for the year, including any overpayment applied from a prior year is $252.00. If you have submitted Part 1 already, it is recommended that you access your submission while attempting Part 2, as you will need the information from Part 1 in order to complete all applicable tax forms. For additional instructions on how to navigate and work through through Part 2 of this project, please download the student project guide here. Required: 1. Complete Form 941 for the remittance of quarterly federal taxes. 941PG1941PG2 Complete Page 1 of Form 941. (Round your intermediate computations and final answers to 2 decimal places. Input all values as positive numbers.) Read the sepsrate instructions before you cormpletet Farm Q41. Type or print within the baxes. Part 1: Answer these questions for this quarter. 3), or Dec. 12 (Quarter 4) 2 Wages, tips, and other compensation 3 Federal Income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to soclal security or Medicare tax Check and go to line 6 . 5a Taxable soclal security wages 5a (I) Qualifled slck leave wages 5a (ii) Qualifled family leave wages 5b Taxable soclal security tips 5c Taxable Medicare wages \& tlps 5d Taxable wages \& tipe subject to Additional Medicare Tax withholding \begin{tabular}{|r|} \multicolumn{1}{c|}{ Column 2} \\ \hline 43,028.00 \\ \hline 0.00 \\ \hline 0.00 \\ \hline 0.00 \\ \hline 0.00 \\ \hline 0.00 \end{tabular} 5 Total soclal aecurity and Medicare taxes. Add Column 2 from lines 5a,5a(l),5g(ll),5b,5c, and 5d 5t section 3121 (q) Notice and Demand - Tax due on unreported tips 6 Total taxes before adjustments. Add line: 3,5e, and 5f 7 Current quarter's adjustment for fractions of cents 8 Current quartar's adjustment for alck pay 9 Current quartar's adjustments for tips and group-term Ilfe insurance 10 Total taxes after adjustmenta. Combine lines 6 through 11 Q Qualfied small business payroil tax credit for increasing research activitles. Attach Form 8974 11b Nonrefundable portion of credit for qualifled alck and family leave wages for leave taken before April 1, 2021 11c Nonrefundable portion of employee retention credit 11 Nonrefundable portion of credit for quallfed alck and family leave wages for leave taken after March 31,2021 11e Nonrefundable portion of COBRA premlum asalstance credit (8ee Instructions for applicable quartere) 11f Number of Individuals provided COBRA premlum assistance 11g Total nonrefundable credits. Add Ines 11s, 11D, 11c, 11d, and 11 12 Total taxes after adjustments and nonrefundable credite. Subtract line 11g from llne 10 13 Total deposits for this quarter, Including overpayment applled from a prlor quarter and overpaymente appiled from Form 941X,941X (PR). 944-X, or 944X (SP) fled in the current quarter 13b Reserved for future use 13c Refundable portion of credit for qualified slck and family leave wages for leave taken before AprII 1, 2021 13d Refundable portion of employee retention credit 13 e Refundable portion of credit for qualified slck and family leave wages for leave taken after March 31,2021 13f Rifundable portion of COBRA premlum assistance credit (ase instructions for applicable quartera) 13g Total deposite and refundable credits. Add Ilnes 138, 13c, 13d, 139 , and 13f 13h Total advances recelved from filing Form(8) 7200 for the quarter 131 Total deposite and refundable credits less advances. subtract ilne 13h from llne 13g 14 Balance due. If fre 12 is mone than line 13 , enter the difference and see instructions 15 overpayment. If frue 13 is more than line 12 , snter thes difference You MUST complete both pages of Form 941 and SIGN It \begin{tabular}{|r|} \hline 68 \\ \hline 347,000.00x \\ \hline x \\ \hline \end{tabular} For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment voucher. Next THIS FORMIS A SIMULATION OF AN OFFICIAL U. S. TAX FORM. IT IS NOT THE OFFICIALL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILING S OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2022 McGraw-HIII Education. Name \{riot your trade name