Sky Co. employed Tom Mills In Year 1. Tom earned $5,100 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal income tax withholding amount is $900 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. Required a. Answer the following questions: 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 1? December Year 1? b. Assume that instead of $5,100 per month Tom earned $9,600 per month. Answer the following questions. 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 1 December Year 1? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required A3 Required B1 Required B2 Required B3 What is Tom's net pay per month? (Round your answer to 2 decimal places.) Tom's not pay per month MBA Required A2 > Sky Co. employed Tom Mills in Year 1. Tom cared $5,100 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 15 percent. Tom's federal income tax withholding amount is $900 per month. Use 5,4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. Required a. Answer the following questions: 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 17 December Year 1? b. Assume that instead of $5,100 per month Tom eamed $9,600 per month. Answer the following questions. 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 17 December Year 1? Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required A3 Required 1 Required 2 Required 33 What amount does Tom pay monthly in FICA payroll taxes? (Round your answer to 2 decimal places.) Tom's monthly FICA tax Sky Co employed Tom Mills In Year 1. Tom earned $5,100 per month and worked the entire year. Assume the Social Sec 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 15 percent. Tom's federal income tax withholdin $900 per month Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment ta first $7.000 of earnings per employee. Required a. Answer the following questions: 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co, for January Year 17 February Year 12 March Year 12 December Year 1? b. Assume that instead of $5,100 per month Tom earned $9,600 per month. Answer the following questions. 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 1? December Year 1? Complete this question by entering your answers in the tabs below. Required A1 Required AS Required MpRequired 1 Required B2 Required 63 What is the total payroll tax expense for Sky Co for January Year 17 February Year 17 March Year 17 December Year 1? (Round your answers to 2 decimal places.) Total Employer Payroll The January February March December SO da FY DI 3 DO 2 3 4 % 5 6 & 7 00 C 9 W 0 E R T T Y U 1 0 E Required a. Answer the following questions: 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co, for January Year 17 February Year 1 March Year 17 December Year 17 b. Assume that instead of $5100 per month Tom earned $9,600 per month Answer the following questions 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 17 December Year 17 Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required A Requidad B1 Required 82 Required as Assume that instead of $5,100 per month Tom carned 89,600 per month. What is Tom's net pay per month? Not Pay January to November (por month) December Required AS Required 2 > MacBook Air SO 20 DI 3.8 : DD 09 $ 2 3 % 5 6 & 7 8 9 W E R T Y U S D F G H J C V B N M Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required A3 Required B1 Required B2 Required 63 Assume that instead of $5,100 per month Tom earned $9,600 per month. What amount does Tom pay monthly In FICA payroll taxes? FICA Payroll January to November (per month) December Required 01 Required 03 > Assume that instead of $5,100 per month Tom earned $9,600 per month. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 1 December Year 1? Total Employer Payroll Tax January February March December