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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. In addition to gross pay, the company must pay one-haif of the $88 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.): 2) Employees' FICA Withholdings for Medicare 3) Employer's FICA Taxes for Social Security 4) Employer's FICA Taxes for Medicare \begin{tabular}{|l|l|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 \end{tabular} 4) Employer's FICA Taxes for Medicare 5) Employer's FUTA Taxes 6) Employer's SUTA Taxes \begin{tabular}{|l|l|l|l|l|l|l|} \hline Employee & Earnings Subject to Tax & Tax Rate & Tax Amount & \\ \hline Tax Rate & & & & & \\ \hline Dali & & & & \\ \hline Trey & & & & \\ \hline \end{tabular} 8) Employer's Total Payroll-Related Expense for Each Employee

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