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Road the teguirements: More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on

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Road the teguirements: More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Requirements 1. Compute Lori's net pay for October. 2. Journalize the accrual of salaries expense and the payment related to the employment of Lori Wilson. Len Whoon wooks for JRZ all year and eaens a monthly saay of $12,400. There is ne overtme pay. Lor's income tax watholding rate is 22% of gross poy. In abditicn to poytoll taxes, tori elects to contribute 3% monthy to Unted Way. JRZ also deducts $125 monthy for co-payment of the health insurance premium. As of September 30, Lor had $124,000 af cumulative asriings. (1) (Cick the iom to view paycol tax rate inforration.) fiead the ceguiternents Riouulrement 1. Combute Loais net bav for Dctobor. (Round al amounts to the fsarest cent

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