Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 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 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the companys four employees. In addition to gross pay, the company must pay one-half of the $108 per employee weekly health insurance; each employee pays the remaining one-halt. 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 Note: Round your intermediate calculations and final answers to 2 decimal places. 2) Employees' FICA Withholdings for Medicare \begin{tabular}{|l|l|l|l|} \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline \end{tabular} 3) Employer's FICA Taxes for Social Security 4) Employer's FICA Taxes for Medicare 5) Employer's FUTA Taxes 6) Employer's SUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{\begin{tabular}{c|c|} Earnings \\ Subject to Tax \end{tabular}} & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline \end{tabular} 7) Each Employee's Net (take-home) Pay 8) Employer's Total Payroll-Related Expense for Each Employee. Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 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 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the companys four employees. In addition to gross pay, the company must pay one-half of the $108 per employee weekly health insurance; each employee pays the remaining one-halt. 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 Note: Round your intermediate calculations and final answers to 2 decimal places. 2) Employees' FICA Withholdings for Medicare \begin{tabular}{|l|l|l|l|} \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline \end{tabular} 3) Employer's FICA Taxes for Social Security 4) Employer's FICA Taxes for Medicare 5) Employer's FUTA Taxes 6) Employer's SUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{\begin{tabular}{c|c|} Earnings \\ Subject to Tax \end{tabular}} & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline \end{tabular} 7) Each Employee's Net (take-home) Pay 8) Employer's Total Payroll-Related Expense for Each Employee