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Wage and Tax Statement Data on Employer FCA Tax Ehrlich Co. began busness on January 2, 20YB. Salones were paid to employees on the last

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Wage and Tax Statement Data on Employer FCA Tax Ehrlich Co. began busness on January 2, 20YB. Salones were paid to employees on the last day of each month, and social security tax, Medicare tax, and federal income tax were withheld in the required amounts. An employee who is hired in the middle of the month receives har the monthly salary for that month. Al required payroll tax reports were filed, and the correct amount of payroltaces was teitted by the company for the calendar yeatEady 2019, before the Wage and Tax Statements (Form W-2) could be prepared for distrbution to employees and for ting with the Social Securty Administration, the employees caminos records were inadvertently destroyed None of the employees resigned or were discharged durng the year and there were no changes in salary rates. The social secunty tax was withheld at the rate of 6.0% and Medicare tax at the rate of 1.5%. Data on dates of employment, salary rates, and employees' ncome taxes withheld, which are summarized as fofows, were obtaned from personnel records and payroll records Monthly Income Date First Monthly Tax Employee Employed Salary Withhell Amets Jon 2 $3,100 $434 Cria OL! 5,100 910 Edwards Ape 16 2,000 350 Nov. 2,600 325 Nicks Jan 16 5.000 1.305 3,200 Ward Feb 6,500 1.390 Required: HV Dec 1 496 1. Determine the amounts to be reported on each employee's Wage and tax statement from W%) for 20. Round amounts to the nearest whole dollar and enter amounts as positive values as positive values. Gross Federal Income Social Security Medicare Employee Earnings Tax Withheld Tax Withheld Tax Withheld Arnett 37,200 5,208 2,232 C 5587 Cruz 61,200 x 11,016 X 3,672 X 918 X Edwards 33,600 X 1,200 X 2,016 X 504 X Harvin 31,200 X 3,900 x 1,872 X 468 X Nicks 69,600 X 15,660 x 4,176 X 1,044 X Shance 38,100 X 5,952 X 2,304 X 576 X Ward 78,000 X 16,776 X 4,680 X 1,170 X 20,952 X 5,238 X 2. Compute the following employer payroll taxes for the year: (a) social security; (b) Medicare; (c) state unemployment compensation at 5.4% on the first $10,000 of each employees earnings (d) federal unemployment compensation at 0.6% on the first $10,000 of each employees camings; (c) total. Round amounts to the nearest whole dollar and enter all amounts as positive values (0) 20,952 X (6) 5,238 X (c) (

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