Problem 9-3A Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $117,000 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 .6% and SUTA taxes are 6.20%. 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 Income Tax Withholding $362 129 49 38 Gross Pay through Aug. 18 $115,550 116,200 8,200 2,150 Gross Pay $2,550 800 560 510 Name Dahlia Trey Kiesha Chee In addition to gross pay, the company must pay one-half of the $82 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 cal culations and final answers to 2 decimal places.): 1) Employees' FICA Withholdings for Social Security Earnings Subject to Tax Tax Rate Tax Amount Employee Dahlia Trey Kiesha Chee Total 2) Employees' FICA Withholdings for Medicare Earnings Subject to Tax Employee Tax Rate Tax Amount Dahlia Trey Kiesha Chee Total 3) Employer's FICA Taxes for Social Security Earnings Subject to Tax Employee Tax Rate Tax Amount Dahlia Trey Kiesha Chee Total 4) Employer's FICA Taxes for Medicare Earnings Subject to Tax Employee Tax Rate Tax Amount Dahlia 1.45% Trey 1.45% Kiesha 1.45% Chee 1.45% Total 5) Employer's FUTA Taxes Earnings Subject to Tax Employee Tax Rate Tax Amount Dahlia 0.60% Trey 0.60% Kiesha 0.60% Chee 0.60% Total 6) Employer's SUTA Taxes Earnings Subject to Tax Employee Tax Rate Tax Amount Dahlia 6.20% Trey 6.20% Kiesha 6.20% Chee 6.20% Total 7) Each Employee's Net (take-home) Pay Kiesha Trey Employee Dahlia Chee Total Gross Pay $ $ $ 2,550.00 800.00 560.00 510.00 4,420.00 Income tax withholding 362.00 129.00 49.00 38.00 578.00 FICA-Social Security FICA- Medicare Health Insurance Net Pay 8) Total Payroll Related Expense for Each Employee Chee Employee Dahlia Trey Kiesha Total Gross Pay $ $ $ 4,420.00 2,550.00 800.00 560.00 510.00 FICA-Social Security FICA - Medicare FUTA SUTA Health Insurance Pension Total Payroll Expense