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. Dall Trey Klesha Chee Gross Pay through Aug. 18 $117,700 117,9001 7,400 1,350 Current Week Income Tax Gross Pay withholding $2,300 $327 600 97 400 42 430 32 In addition to gross pay, the company must pay one-half of the $66 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 Required: Compute the following for the week ended August 25. (Round your Intermediate calculations and final answers to 2 decimal places) 1) Englayers FICA Withholdings for Social Security Employee Dall Trey Kesha Chee Earnings Subject to Tax Tax Rate Tax Amount 2 Employees FICA Wholdings for Medica Employee Dal Tray Kesha Chee Total $ 0.00 Earnings Subject to Tax Tax Rate Tax Amount Employers FICA Taxes for Social Security Employee Dal Trey Kesha Chee Earnings Employer's FICA Tess for Madars Employee They Kesha Chee Empyer's FUTA T Total $ 0.00 Tax Rate Tax Amount Tota 0.00 Earnings Tax Mane Tax Amount $ 0.00 Earings Tan Pate Tax Amount News YouTube hapter 11-12 & Accounting Concepts) O Employes Dal Trey Kiesha Chee Gmail Translate ECP 4703 Ch. 6 Q... (22) Tax Rate Tex Amount Subject to Tax Empinyer's FICA Taxes for Medicare Employee Dal They Kesha Chee Employer's FUTA TAND De Try Kaha Che Total S 0.00 Earnings Subject to Tax Tax Rate Tax Amount Total $ 0.00 Earnings Subject Tax Tax Rate Tax Amount Employer's SUTA Taxes Employe Dall Trey Chee Total $ 0.00 Earrings Subject to Tax Tax Rate Tax Amount 7) Each Employee's het gate-home Pay Total S 0.00 Call Trey Kesha Chee Total Gross Pay 2,300.00 $ 600.00 $ 480.00 $ 430.00 $ 3810.00 Income tax withholding 12700 97.00 42.00 32.00 400 FICA-Social Security 0.00 FICA Medicare 0.00 Health Insurance 0.00 tit Pay " 0.00 Total Payrol Ralled Expense for Each Employe Employes Gross Pay FICA Social Security FICA Medica Onl Trey Kinshe Cher Tute 2.300.00 600.00 ' 46000 430.00 A10.00 0.00 000 800 0.00 0.00 0.00 0.00 0.00 0.00 0.00 FUTA BUTA 0.00 0.00 800 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Pension 0.00 Total Payal Expan B 2.300.00 800.00 S 450.00 430.00 3.410.00