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Lee Company has the following information for the pay period of December 15 31: Gross payroll $16,000 Federal income tax withheld $4,000 Social security rate

Lee Company has the following information for the pay period of December 15 31:

Gross payroll	$16,000	Federal income tax withheld	$4,000
Social security rate	6%	Federal unemployment tax rate	0.8%
Medicare rate	1.5%	State unemployment tax rate	5.4%

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