Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $117,000 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 .6% and SUTA taxes are 6.20%. 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 18 Dahlia $115,950 Trey 116,600 Kiesha 9,000 Chee 2,950 Income Tax Gross Pay Withholding $2,950 $419 400 64 640 55 590 44 In addition to gross pay, the company must pay one-half of the $98 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 pensi 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 Earnings Tax Employee Subject to Tax Rate Amount Tax Dahlia Trey Kiesha Chee Total $ 0.00 2) Employees' FICA Withholdings for Medicare Earnings Tax Employee Subject to Tax Rate Amount Tax Dahlia Trey Kiesha Chee Total $ 0.00 3) Employer's FICA Taxes for Social Security Earnings Tax Employee Subject to Tax Rate Amount Tax Dahlia Trey Kiesha Chee Total $ 0.00 4) Employer's FICA Taxes for Medicare Earnings Tax Employee Subject to Tax Rate Amount Tax Dahlia 1.45% Trey 1.45% Kiesha 1.45% Chee 1.45% Total $ 0.00 5) Employer's FUTA Taxes Earnings Tax Employee Subject to Tax Rate Amount Tax Dahlia 0.60% Trey 0.60% Kiesha 0.60% Chee 0.60% Total $ 0.00 6) Employer's SUTA Taxes Earnings Tax Employee Subject to Tax Rate Amount Tax Dahlia 6.20% 6.20% Kiesha 6.20% Chee 6.20% Total $ 0.00 Trey Total $ 4,580.00 582.00 7) Each Employee's Net (take-home) Pay Employee Dahlia Trey Kiesha Chee $ Gross Pay $ 400.00 $ 640.00 $ 590.00 2,950.00 Income tax 419.00 64.00 55.00 44.00 withholding FICA - Social Security FICA - Medicare Health Insurance Net Pay 0.00 0.00 0.00 0.00 $ Total $ 4,580.00 0.00 8) Total Payroll Related Expense for Each Employee Employee Dahlia Trey Kiesha Chee $ Gross Pay $ 400.00 $ 640.00 $ 590.00 2,950.00 FICA - Social 0.00 0.00 0.00 0.00 Security FICA - Medicare 0.00 0.00 0.00 0.00 FUTA 0.00 0.00 0.00 0.00 SUTA 0.00 0.00 0.00 0.00 Health Insurance Pension Total Payroll $ $ 400.00 $ 640.00 $ 590.00 Expense 2,950.00 0.00 0.00 0.00 0.00 0.00 $ 4,580.00