See Figure 1.9 on page 1-24, Examples 48 and 49 on page 420 Lake Commenty College gives its faculty the option of receiving the balance of their contract at the end of the semester on May 17, 20-., The faculty Lake Community College gives its faculty the option of recciving the balance of their contract at the end of the semester on May 17,207. The facily can receive one lump-sum payment instead of receiving the remaining seven biweekly pays over the summer. Use the data given below to complete the rate is 2.0% of total earnings; the city withholding rate is 1.0% of total earnings. The biweekly wage bracket is used for federal income taxet. To calculate the tax withholdings, you must calculate the rotended tax for each pay and multiply by the number of parys in the liump-inm payment. Compute the employer's FICA taxes for the pay period ending May 17, 20-. See Figure 1.9 on page 1-24, Examples 48 and 49 on page 420 Lake Commenty College gives its faculty the option of receiving the balance of their contract at the end of the semester on May 17, 20-., The faculty Lake Community College gives its faculty the option of recciving the balance of their contract at the end of the semester on May 17,207. The facily can receive one lump-sum payment instead of receiving the remaining seven biweekly pays over the summer. Use the data given below to complete the rate is 2.0% of total earnings; the city withholding rate is 1.0% of total earnings. The biweekly wage bracket is used for federal income taxet. To calculate the tax withholdings, you must calculate the rotended tax for each pay and multiply by the number of parys in the liump-inm payment. Compute the employer's FICA taxes for the pay period ending May 17, 20