Use the percentage method of wthholding to find foderal witholding tax, a 62% FiCA rate to find FiCA tax, and 1.45% to ind Medicare tax for the employee zhang. whose marital status is single, whose number of withholding allowances is 5 , and whose monehly gross earnings are $7010.61. Then find his net pay. Assume that he has not earmed over $130, oop so tar mis year Click here lo view the wnobly and biwenkly tables for the perentage methed of withoding. Cick bere to view the semmonthly and menthly tables for the petcentage method of witholding. Cick here to view the Lable for one witholding a ilowance, Changs federal withinolding tax is $ Round to the nearest cent as needed.) Percentage Method of Withholding for weekly and biweekly payroll periods Percentage Method of Withholding for semimonthly and monthly payroll periods One Withholding Allowance using the Percentage Method