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Please provide steps if you can 1. Using the below data calculate the net pay for John Smith earned from ABC Company. 2. What is

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1. Using the below data calculate the net pay for John Smith earned from ABC Company. 2. What is the employer share of the Florida FICA Tax? Gross Pay $5,000.00 Federal Withholding Tax 1696 FLORIDA FICA TAX (Employee & Employer Shared) 15.396 7.65% Each Health Insurance Deduction $250.00 1. Calculation: Gross Pay $0.00 Federal Withholding Tax $0.00 FLORIDA FICA TAX $0.00 Health Insurance Deduction $0.00 John Smith Net Pay $0.00 2. ABC Company 50.00 FLORIDA FICA TAX (Employee & Employer Equally SHARED) Flonda FIGA TSXFxte and FICA Tax Limits The FICA crate is 16.3% of taxable woes. The FICA TAXI comprised of the Social Security and Medicare a The Social Security table wage base is the first 5116 500 paid in wages to each employee during calendar con www.toplonda

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