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Instructions The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co. Salaries Deductions: Sales salaries

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Instructions The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co. Salaries Deductions: Sales salaries $325,000 Income tax withheld $116,200 Warehouse salaries 192,000 U.S. savings bonds 14,388 Office salaries 137,000 Group insurance 11,772 $654,000 Tax rates assumed 54% 1.5% Federal unemployment (employer only) 08% Social security 6% State unemployment (employer only) Medicare

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