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Stark Company has four employees. FICA Social Security taxes are 6 . 2 % of the first $ 1 3 7 , 7 0 0

Stark Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. Stark is preparing its payroll calculations for the week ended September 25 th. Payroll records show the following information for the Stark's four employees.
\table[[Name,{
\table[[Gross Pay through],[September 18]]},\table[[Current week ending],[September 25th]]],[Gross Pay,\table[[Income Tax],[Withholding]]],[Kathleen,$,124,800,$5,000,$469
7,8&9
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Stark Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. Stark is preparing its payroll calculations for the week ended September 25 th. Payroll records show the following information for the Stark's four employees.
\table[[,,\table[[Current Week ending],[September 25 th]]],[,Gross Pay through,,],[Name,September 18,Gross Pay,Withholding],[Kathleen,$124,800,$5,000,$469

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