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Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 pald to each eniployee, and FICA Medicare taxes are 1.45%

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Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 pald to each eniployee, 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 5.4%. The company is prepating its payioll calculatlons for the week ended August 25 . Payroll records show the following information for the company's four employees. In addition to gross pay, the compory must pay one-half of the $102 per employee weekly heolth insurances each emplayee pays the temaining one-tialf. The company also contibutes 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 f: 1) Employees' FICA Withholdings for Social Security 2) Employees' FiCA Withholdings for Medicare 3) Employer's FICA Taxes for Soclal Security 3) Employer's FICA Taxes for Social Security \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{ Earnings Subject to Tax } & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & Total & $ \\ \hline Chee & & & \\ \hline \end{tabular} 4) Employer's FICA Taxes for Medicare 5) Employer's FUTA Taxes 6) Employer's SUTA Taxes 7) Each Employee's Net (take-home) Pay

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