Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee, and FICA Medicare taxes are 1.45% 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 5.4%. 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. Name Dali Trey Kiesha Chee Gross Pay through Aug. 18 $124,800 126,000 8,400 2,350 Current Week Income Tax Gross Pay Withholding $5,000 $ 469 2,400 354 2,000 1,400 40 50 In addition to gross pay, the company must pay one-half of the $86 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Trey Kiesha Chee Trey 2,400.00 Chee 1,400.00 $ $ $ 354.00 7) Each Employee's Net (take-home) Pay Employee Dali Dali Gross Pay $ 5,000.00 Income tax withholding 469.00 FICA - Social Security 210.80 FICA - Medicare 84.10 Health Insurance Net Pay I D Kiesha $ 2,000.00 50.00 86.80 2 0.30 40.00 136.40 31. 90 99.20 23.20 I Total Total 10,800.00 913.00 533.20 159.50 0.00 0.00 I $ $ $ 8) Employer's total payroll-related expense for each employee. Employee Dali Trey Kiesha Gross Pay $ 5,000.00 $ 2,400.00 $ 2,000.00 FICA - Social Security 210.80 136.40 86.80 FICA - Medicare 84.10 31. 90 2 0.30 FUTA 0.00 0.00 SUTA L 0.00 0.00 0.00 Chee 1,400.00 99.20 23.20 0.00 0.00 Total 10,800.00 533.20 159.50 0.00 0.00 0.00 E Health Insurance 0.00 Pension Total Payroll Expense 0.00 11,492.70 $ 5,294.90 $ 2,568.30 $ 2,107.10 $ 1,522.40 $