Payroll liabilities and Payroll taxes: A company has a $500,000 payroll with normal taxes as follows: FICA (7.65%)), FIT(10%), SIT(5%), FUTA(.8%), SUTA(5.4%). Answer the following questions related to this data? 1-What is gross pay? 2-What is net pay? (show calculations) 3-What is the employer's tax expense? (show calculations)