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 compary's FUTA taxes are 0.6 % and SUTA taxes are 215% 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. 18 $118, 300 Income Tax Name Dali Gross Pay Withholding $ 412 387 47 37 $2,900 Trey Kiesha Chee 116, 100 2,400 540 490 8,eee 1,950 In addition to gross pay, the company must pay one-half of the $78 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 1) Employees' FICA Withholdings for Social Security Earnings Subject to Tax Employee Tax Rate Tax Amoumt Dali Trey Kiesha Chee Total 0.00 2) Employees' FICA Withholdings for Medicare Earnings Subject to Tax Employee Tax Rate Tax Amount Dali Trey Kiesha Chee 0.00 Total 3) Employer's FICA Taxes for Social Security Earnings Subject to Tax Tax Amount Tax Rate Employee Dali Trey Kiesha Chee 0.00 Total 4) Employer's FICA Taxes for Medicare Eamings Subject to Tax Tax Amoumt Tax Rate Employee Dali Trey Kiesha Chee 0.00 Total 5) Employer's FUTA Taxes Earnings Subject to Tax Tax Rate Tax Amount Employee Dali Trey Kiesha Chee S 0.00 Total 6) Employer's SUTA Taxes Earnings Subject to Tax Employee Tax Rafe Tax Amount Dali Trey Kiesha Chee 0.00 Total Irey Kiesha Chee 0.00 Total 7) Each Employee's Net (take-home) Pay Employee Total Kiesha Chee Dali Trey Gross Pay S 490.00 6,330.00 2,000.00 S 2,400.00 540.00 37.00 883.00 Income tax withholding 412.00 387.00 47.00 FICA-Social Security 0.00 FICA Medicare 0.00 0.00 Health Insurance Net Pay 0.00 8) Total Payroll Related Expense for Each Employee Trey Kiesha Chee Total Dali Employee Gross Pay FICA- Social Security 540.00 2,900.00 S 2,400.00 490.00 6,330.00 0.00 0.00 0.00 0.00 0.00 FICA Medicare 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 FUTA 0.00 0.00 0.00 0.00 0.00 UTA 0.00 Health Insurance 0.00 ension 490.00 6,330.00 S otal Payroll Expense 2,900.00 2.400.00 540,00 S