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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

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
NameGross Pay through Aug. 18Gross PayIncome Tax Withholding
Dahlia$116,000$3,000$426
Trey116,65035056
Kiesha9,10065056
Chee3,05060045

In addition to gross pay, the company must pay one-half of the $100 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.):

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