Volpe Corporation has only five employees who are all paid $920 per week. Compute the total FICA taxes that the employer would withhold from the five employees each week and the amount the company would pay as its own liability for the employer's share of the FICA taxes on the weekly wages of the five employees:

Round your taxable wages per paycheck to the nearest cent.

Employees' total OASDI$______

Employees' total HI$______

Employer's total OASDI$_______

Employer's total HI$________

Ralph Henwood was paid a salary of $76,800 during 20-- by Odesto Company. In addition, during the year Henwood started his own business as a public accountant and reported a net business income of $66,500 on his income tax return for 20--. Compute the following:

a. The amount of FICA taxes that was withheld from his earnings during 20-- by Odesto Company.

OASDI$HI$________

b. Henwood's self-employment taxes on the income derived from the public accounting business for 20--.

OASDI$HI$________

Vulcan Company is a monthly depositor whose tax liability for March 20-- is $3,515.

Assume that no deposit was made until April 29 (14 days late). Compute the following penalties. Assume a 365-day year in your computations. Round your answers to the nearest cent.

a. Penalty for failure to make timely deposit.$_____

b. Penalty for failure to fully pay tax.$_____

c. Interest on taxes due and unpaid (assume a 6% interest rate).$_____

d. Total penalty imposed.$______