Payroll records of a company provided the following data for the current weekly pay period ended March 12 Assume that the Social Security portion of the FICA taxes is 6.2% on the first and the Medicare portion 1.45% of all wages paid to each employee for this pay period. the federal and state unemployment tax rates are 0.8% 5.4%, respectively, on the first $7,000 paid to each employee. Calculate the net pay for each employee. Calculate the Employer Payroll Tax expense