May Company has five salaried employees. Your task is to use the following information to prepare a payroll register to calculate net pay for each employee

Assume the following:

1.	FICA OASDI is 6.2% on $127,200; FICA Medicare is 1.45% on all earnings.
2.	Each employee contributes $70 biweekly for medical insurance.
3.	State income tax is 6% of gross pay.
4.	FIT is calculated using the federal income tax withholding table included.

Prepare a payroll register to calculate net pay for each employee. (Prepare the register for the biweekly payroll period. Round each calculation to the nearest cent as needed. If a box is not used in the table leave the box empty; do not enter a zero. Abbreviations used: Allow. = Allowances, YTD = Year to date, FIT = Federal Income Tax, SIT = State Income Tax, Exp. = Expense, Med. Ins. = Medical Insurance. For the purposes of this problem, we will ignore the "Taxable FUTA and SUTA Earnings" as well as the "Expense Account Charged information.)

Answers needed for:

4 of 6 (2 complete) 0 Data Table HW Score: 25%, 5 of: felp Joyer Allowance and Marital Status Cumulative Earnings Before This Payroll 8-1 Employee Amherst, Helen Griffith, Kelly Sellick, Heather Bard, Brent Channing, Luke S-1 45,000 38,000 59,200 125,500 26,000 Biweekly Salary 1,600 1,050 1,450 1,890 1,010 Department Customer Service Office Office Customer Service Customer Service eares FIT kable S-3 S-3 Print [Done] Print Done Taxable Earnings Deductions Exp. Account Charged Employee FUTA SUTA FICA OASDI Medicare Med. Ins. Name OASDI FIT SIT Pay Amherst, H. Griffith, K. Sellick, H. Bard, B. Channing, L