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PSa 4-1 Calculate Taxable Earnings for Social Security Tax For each employee listed below, calculate the taxable earnings for Social Security tax for the described

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PSa 4-1 Calculate Taxable Earnings for Social Security Tax For each employee listed below, calculate the taxable earnings for Social Security tax for the described pay period. Note that none of these employees exceeded the Social Security wage base during the year. 1. Devin Moody earned gross pay of $1,450 during a recent pay period. He contributes 11% of gross pay to a 403(b) retirement plan and $100 each pay period to a cafeteria plan. 2. Jaclyn Connor earned gross pay of $1,820 during a recent pay period. She contributes 7% of gross pay to a 401(k) retirement plan and 3% of gross pay to a dependent care flexible spending account. 3. Amy Williams earned gross pay of $990 during a recent pay period. She contributes $75 to a flexible spending account and 5% of gross pay to a separate dependent care flexible spending account. 4. Edward Sorkin earned gross pay of $850 during a recent pay period. He contributes 10% of gross pay to a 401(k) retirement plan

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