Problem 11-3A Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $118,500 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 215%. 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. Current Week Gross Pay Income Tax through Aug. 18 Gross Pay Withholding Name Dali Trey Kiesha Chee $116,258 116,90e 9,600 3,55e $4,5ee 1,60e 700 650 $ 639 258 61 49 In addition to gross pay, the company must pay one-half of the $110 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. Requirec Compute the following for the week ended August 25 (Round your Intermedlate calculations and final answers to 2 declmal places.) 1) Employees' FICA Withholdings for Social Security Earnings Subject to Tax Tax Rate Tax Amount oyee Dali Trey Kiesha Chee 6.20% Total S 0.00 2) Employees' FICA Withholdings for Medicare Earnings Subject to Tax Tax Rate Tax Amount oyee 1.45% Dali Trey Kiesha Chee Total S 0.00