Paloma Co. has four employees. FICA Social Security taxes are 6.2 % of the first $118,500 paid to each employee, and FICA Medicare taxes are 145% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 2.15%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees Current Week Gross Pay through Aug. Name Gross Income Tax Withholding 18 Pay $2,000 Dali $117,400 284 ces Trey Kiesha 117,600 900 145 6,900 450 39 Chee 1,250 400 30 In addition to gross pay, the company must pay two-thirds of the $60 per employee weekly health insurance; each employee pays the remaining one-third. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund, Required: Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places.) 7) Each Employee's Net (take home) Pay Employee Dali Trey Kiesha Chee Total Gross Pay 2,000.00 $ 900.00 450.00 400.00 S 3,750.00 Income tax withholding FICA-Social Security FICA-Medicare Health Insurance Net Pay 284.00 145.00 39.00 30.00 498.00 68.20 55.80 27.90 24.80 176.70 29.00 13.05 6.53 5.80 54.38 0.00 0.00 8) Total Payroll Related Expense for Each Employee Employee Dali Trey Kiesha Chee Total Gross Pay 2,000.00 $ 900 00 $ 450.00 400.00 3,750 00 FICA-Social Security 68 20 55.80 27.90 24.80 176.70 FICA - Medicare 29.00 13.05 6.53 5.80 54.38 FUTA 0.00 0.00 0.00 0.00 0.00 SUTA 0.00 0.00 0.00 0.00 0.00 Health Insurance 0.00 Pension 0.00 Total Payroll Expense 2,097 20 $ 968 85 S 484 43 $ 430 60 S 3,981.08