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Paloma Company has four employees. FICA Social Security taxesare 6.2% of the first $137,700 paid to each employee, and FICAMedicare taxes are 1.45% of gross

Paloma Company has four employees. FICA Social Security taxesare 6.2% of the first $137,700 paid to each employee, and FICAMedicare taxes are 1.45% of gross pay. Also, for the first $7,000paid to e 1) Employees' FICA Withholdings for Social Security 2) Employees' FICA Withholdings for Medicare \begin{tabular}{|l|l|l|l|} \hline Employee & \( \begin{array}{c}\text { Earnings } \\ \text { Subject t 2 answers

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