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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%

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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 company's four employees. \begin{tabular}{lccc} & & \multicolumn{2}{c|}{ Current Week } \\ \cline { 3 - 4 } & Gross Pay through & & Incone Tax \\ Nate & August 18 & Gross Pay & Withholding \\ \hline Dall & $123,700 & $5,200 & $625 \\ Trey & 135,300 & 2,400 & 266 \\ Kiesha & 9,500 & 1,800 & 60 \\ Chee & 3,450 & 1,800 & 48 \end{tabular} 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-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a perision 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

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