Payroll Instructions: In addition to you, the company will hire three sales employees. Everyone will be paid semi-monthly on the first and the 16th of the month. The semimonthly amount for total payroll is $5,000. Assume a 20% federal rate and a 5.75% Virginia state rate. Social security is 6.2% and Medicare is 1.45%. No unemployment taxes will be calculated. All employees are under the 2023 FICA OASDI (Social Security) threshold. * Remit all taxes to the correct authorities three days after payday. * The payroll information is normally shown in a payroll register but I am not requiring it for this project. Just calculate taxes on the total salaries each pay period