I WANT TO KNOW HOW FICA WAS CALCULATED ON THIS SHEET.

BELOW ONE IS THE ANSWER

1) The payroll records of a company provided the following data for the current weekly pay period ended March 12 Earnings to End of Previous GrossIncome Insurance Union United FederalMedical Week Way Employees D. Hui B. Kim Pay TaxesDeductionDues S35 35 35 S10 15 40 $120 180 404 $5,800$800 1,100 1,440 S10 6,850 12,900 C. Sly Assume that the Social Security portion of the FICA taxes is 6.2% on the first $117,000 and the Medicare portion is 1.45% of all wages paid to each employee for this pay period. The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7,000 paid to each employee. Calculate the net pay for each employee. 1) FederalMedica UnionUnited Way Gross IncomeInsurance Dues Total Net PayTaxes Deduction Deduction Deduction FICA DeductionsPay A. $800.00 $120.00 $35.00 $10.00$10.00 $61.20 $236.20 $563.80 Hui B. Kim 1,100.00 180.00 C. Sly1,440.00404.00 5.00 84.15 324.15Z775.85 35.00 10.00 40.00 110.16 599.16840.84 35.00 10.00