Problem 9-3A (Static) 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. In addition to gross pay, the company must pay two-thirds of the $60 per employee weekly health insurance; each employee pays the remaining one-third. 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) 4) Employer's FICA Taxes for Medicare \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{\begin{tabular}{c|} Earnings \\ Subject to Tax \end{tabular}} & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline & & \\ \hline \end{tabular} 5) Employer's FUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & Subject to Tax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dall & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline & & \\ \hline \end{tabular} 6) Employer's SUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{\begin{tabular}{c|c|} Earnings \end{tabular}} & Tax Rate & Tax Amount \\ \hline Tax Rate & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kieshax & & & \\ \hline Chee & & & \\ \hline & & Total & \\ \hline & & \\ \hline \end{tabular} 7) Each Employee's Net (take home) Pay 7) Each Employee's Net (take-home) Pay 6) Employer's Total Payroll-Related Expense for Each Employee