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PROBLEM H-4 HB302 R. Stone, a non-supervisory employee, eams 3200 per 40-hor woekweck at the Princesa Caf. During the two-weck period of February 4-17, he

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PROBLEM H-4 HB302 R. Stone, a non-supervisory employee, eams 3200 per 40-hor woekweck at the Princesa Caf. During the two-weck period of February 4-17, he worked an average of 50 hours por week Assume the following: I. He is married and claims two withhoding allowances (See table on Exhibit #6 of reading for federal income tax withholding). 2. Assume the FICA rate is 7.65%. 3. Assume the state-withholding rate is 4.6%. 4- SUTA rate is 5.2%. 5, FUTA rate is 1.0%. aume tote r Required: 1. Calculate Stone's gross and net pay. 2. Prepare the journal entry to record the payroll expenise related to his labor

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