Problem 9-3A (Algo) Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 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. Name Dali Trey Kiesha Chee Gross Pay through August 18 $ 124,600 135,100 8,600 2,550 Current Week Gross Pay $ 4,500 2,600 1,000 1,000 Income Tax Withholding $ 497 338 52 41 In addition to gross pay, the company must pay one-half of the $90 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 (Round your intermediate calculations and final answers to 2 decimal places.) 1) Employees FICA Withholdings for Social Security Mc Staw Hill Employee Tax Rate) Dali Troy Kiesha Chen Earnings Subject to Tax Tax Rate Tax Amount 21 Employees FICA Withholdings for Medicare Employes Tax Rate Dali Trey Total S 0.00 Earnings Subject to Tax Tax Rate Tax Amount Prev