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Problem 11-3A (Algo) Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Company has four employees. FCA Social Security taxes are 6.2% of the first

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Problem 11-3A (Algo) Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Company has four employees. FCA Social Security taxes are 6.2% of the first $137700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7.000 paid to each employee, the company's FUTA taxes are 0.6\% and SUTA taxes are 5.4\%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees. In addition to gross pay, the company must pay one-half of the $104 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. Note: Round your intermediate calculations and final answers to 2 decimal places. whipute ure iunuwiry IOI we ween tinutu muyust 3. Note: Round your intermediate calculations and final answers to 2 decimal places. \begin{tabular}{|l|l|l|l|} \hline 3) Employer's FICA Taxes for Social Security \\ \hline \begin{tabular}{|l|l|l|l|} \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & Total & \\ \hline & & & 0.00 \\ \hline \end{tabular} \end{tabular} 4) Employer's FICA Taxes for Medicare 5) Employer's FUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & EarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline Tax Rate & & \\ \hline Dali & P & \\ \hline \end{tabular} 4) Employer's FICA Taxes for Medicare 5) Employer's FUTA Taxes 6) Employer's SUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{EarningsSubjecttoTax} & Tax Rate & Tax Amount \\ \hline Tax Rate & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline & & 0.00 \\ \hline \end{tabular} 6) Employer's SUTA Taxes 7) Each Employee's Net (take-home) Pay 8) Employer's Total Payroll-Related Expense for Each Employee

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