On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees earned $28,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $13,360 of federal income taxes, $1,360 of medical insurance deductions, and $900 of union dues. No employee earned more than $7,000 in this first period.

Required:

1.1

Calculate below the amounts for each of these four taxes of Regis Company. Regiss merit rating reduces its state unemployment tax rate to 6% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.60%.

	JANUAURY 8 TAX EARNINGS	TAX RATE	TAX AMOUNT
FICA ( SOCIAL SECURITY)
FICA- MEDICARE
FUTA
SUTA