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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 1.45%

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 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 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. Name: Dali Trey Klesha Chee Gross Pay through Aug. 18 Current Weak Income Tax withholding Grone Pay $2,000 900 $284 145 450 39 1,250 400 30 $117,400 117,600 6,900 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.) 1) Employees' FICA Withholdings for Social Security Employee Dali Trey Kiesha Chee Earnings Subject to Tax Tax Rate Tax Amount 1) Employees' FICA Withholdings for Social Security Employee Dali Trey Kiesha Chee Earnings Subject to Tax Tax Rate Tax Amount 2) Employees' FICA Withholdings for Medicare Employee Dali Trey Kiesha Chee Total Earnings Subject to Tax Tax Rate Tax Amount 3) Employer's FICA Taxes for Social Security Employee Dali Trey Kiesha Chee Total Earnings Subject to Tax Tax Rate Tax Amount 4) Employer's FICA Taxes for Medicare Employee Total Earnings Tax Rate Tax Amount 4) Employer's FICA Taxes for Medicare Employee Dali Trey Kiesha Chee 5) Employer's FUTA Taxes Employee Dali Trey Kiesha Chee 6) Employer's SUTA Taxes Employee Dali Trey Kiesha Chee Earnings Subject to Tax Tax Rate Tax Amount Total Earnings Subject to Tax Tax Rate Tax Amount Total Earnings Subject to Tax Tax Rate Tax Amount 7) Each Employee's Net (take-home) Pay Employee Dali Total Trey Kiesha Chee Total Dali Trey Kiesha Chee 7) Each Employee's Net (take-home) Pay Total $3 Employee Dali Trey Kiesha Chee Total Gross Pay $ 2,000.00 900.00 $ 450.00 $ 400.00 $ 3,750.00 Income tax withholding 284.00 145.00 39.00 30.00 498.00 FICA-Social Security FICA-Medicare Health Insurance Net Pay 8) Total Payroll Related Expense for Each Employee Employee Dali Trey Kiesha Chee Total Gross Pay S 2,000.00 $ 900.00 $ 450.00 $ 400.00 $ 3,750.00 FICA-Social Security FICA- Medicare FUTA SUTA Health Insurance Pension Total Payroll Expense

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