The Michaels Company has eight employees that are paid the following amounts before taxes and other deductions for 2021. Using the table below, determine the take home pay after deductions for each employee using the rates presented below. Also calculate the amount of Employment Taxes paid by the company.

		Individual Employee pay records								Employment tax calculation
		Pre-tax Earnings	Federal Withholding	State Withholding	FICA Social Security	FICA Medicare	Group Insurance	Take Home Income		Fed. Unemployment Tax	State Unemployment Tax	FICA	Medicare
												Company	Company
William Michaels		$142,850	16.50%	4.35%		1.45%	$ 1,800.00			0.60%	5.40%
Janet Thompson		$115,000	16.50%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
Tom Smith		$ 96,750	14.35%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
Mary Jenkins		$ 94,300	14.35%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
Luke Averay		$ 86,500	14.35%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
Jack Jones		$ 84,350.00	14.35%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
Marie Pointer		$ 81,290.00	14.35%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
David Timmers		$ 79,800.00	14.35%	4.35%	6.20%	1.45%	$ 1,800.00			0.60%	5.40%
Company Totals		$ 780,840.00

Withholding Rates per Employee and Company

Federal Income Tax Withholding

Income above $100,000 16.50%

Income below $100,000 14.35%

State Withholding (All income levels) 4.35%

FICA

Social Security (Up to $128,400 OF INCOME) 6.20%

Medicare 1.45%

Group Insurance $1,800.00 (per employee)

Unemployment Tax rates

Federal Unemployment Taxes Paid by employer only 0.60%

State unemployment taxes paid by employer only 5.40%

*the chart, after pre-tax earnings, was completed by me but going back over it for reassurance would be great!*