one month project Ellipses Corp. is a small business that operates in Herndon, VA. The company is located at 10 Period Lane,Herndon, VA 20170. Its federal identification number is 77-7777777, its state identification number is12-345678999F-012, its state unemployment number is 1234567890, and its president, who signs all tax forms,is John Parker (telephone #571-555-0073). The company does not wish to name a third-party designee on forms.Within QuickBooks the industry associated with the company is General Service-based Business and the businesstype is Corporation. Ellipses Corp. is on a weekly payroll schedule.During 2021 four individuals are employed by Ellipses Corp. These employees are as follows:Name AddressSocialSecurity #Federal W/HAllowancesState W/HAllowancesMaritalStatusHunter Cranston 85 Southern RoadHerndon, VA 20170111-11-1111 2 2 MarriedAllison Harrison 203A Pine CourtHerndon, VA 20170777-77-7777 4 3 MarriedJohn Parker 212 Tradition LaneHerndon, VA 20170444-44-4444 1 1 SinglePierre Sternberg 41 Seward BoulevardHerndon, VA 20170333-33-3333 N/A N/A MarriedNote that Pierre Sternberg was hired in November, and his first day of work was Monday, November 22. On hisW-4 Form Pierre checked box 2c and left sections 3 and 4 blank. Pierre files as married filing jointly on his taxreturn. Additionally, due to an economic downturn, Allison Harrison was laid off in mid-December, with her lastday of work on Friday, December 10.All employees of Ellipses Corp. work a regular 40-hour workweek (thus all hours worked over 40 in a givenweek are overtime hours), receive overtime pay at a rate of 1.5 times the regular wage rate, and are paid weeklyon Friday for the current week (which runs from Saturday through Friday, although employees never workon weekends). The SUTA tax rate applicable to Ellipses Corp. is 3.1%, while the SUTA wage base in Virginia is$8,000. Note that QuickBooks defaults to a Social Security wage base of $137,700 in the Ellipses Corp. companyfile. Although this amount differs from the 2021 wage base, please utilize this amount when completing the payrol cycle