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unts to th i More Info . (Round a For all payroll calculations, use the following tax rates and round amounts to the nearest cent:

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unts to th i More Info . (Round a 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. Print Done Logan White is general manager of Sandy Point Salons. During 2024, White worked for the company all year at a $13,200 monthly salary. He also earned a year-end bonus equal to 10% of his annual salary. White's federal income tax withheld during 2024 was $2,904 per month, plus $3,485 on his bonus check. State income tax withheld came to $100 per month, plus $60 on the bonus. FICA tax was withheld on the annual earnings. White authorized the following payroll deductions: Charity Fund contribution of 4% of total earnings and life insurance of $45 per month ta come tax to $100 ng payroll Sandy Point incurred payroll tax expense on White for FICA tax. The company also paid state unemployment tax and federal unemployment tax. Click the icon to view payroll tax rate information.) Read the requirements Requirement 1. Compute White's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. Begin by computing White's gross pay for the year. (Round all amounts to the nearest dollar) Gross pay: Gross Pay Now compute White's payroll deductions and not pay for the year. (Round all amounts to the nearest dollar) Net pay Withholding deductions: ist nr ter ga number in the input fields and then continue to the next question Net (take-home) pay Requirement 2. Compute Sandy Point's total 2024 payroll tax expense for White (Round all amounts to the nearest dolar.) Employer Payroll Taxes: Total Employer Payroll Tax Total Payroll Expense Requirement 3. Make the journal entry to record Sandy Pow's sense for Whitesto caring for the year, his productions, and not pay De Salones Expense and Bon Expense Creator Dayro deductions and Cash for et pay. An explanation is not required. (Record debits first the credits Esclude plations from ouma Date Acco Debat Credit Requirement 4. Make the journal entry to record the accrual of Sandy Point's payroll tax expense for White's total earnings (Record debits first, then credits Date Accounts Debit Credit Requirement 5. Make the journal entry for the payment of the payroll withholdings and taxes. (Record debits first, then credits. Exclude expla Debit Credit Date Accounts

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