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Wage and Tax Statement Data on Employer FICA Tax Ehrlich Co. began business on January 2, 20Y8. Salaries were paid to employees on the last

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Wage and Tax Statement Data on Employer FICA Tax Ehrlich Co. began business on January 2, 20Y8. Salaries 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 half the monthly salary for that month. All required payroll tax reports were filed, and the correct amount of payroll taxes was remitted by the company for the calendar year. Early in 2019, before the Wage and Tax Statements (Form W-2) could be prepared for distribution to employees and for filing with the Social Security Administration, the employees' earnings records were inadvertently destroyed. None of the employees resigned or were dicharged during the year, and there were no changes in salary rates. The social security 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' income taxes withheld, which are summarted as follows, were obtained from personnel records and payroll records Monthly Income Date First Monthly Tax Employee Employed Salary Withheld Jan. 2 $3,500 $490 Cruz Oct. 1 5,100 918 Edwards Apr. 16 2,600 325 Harvin Nov. 1 2,300 288 Nick Jan. 16 5,650 1,221 Shianco Dec. 1 3,100 Ward Feb. 1 6,700 1,441 Required: 481 1. Determine the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for 2018. Round amounts to the nearest whole dollar and enter all amounts as positive values. Gross Federal Income Social Security Medicare Employee Earnings Tax Withheld Tax withheld Tax Withheld Arnett Required: 1. Determine the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for 2018. Round amounts to the nearest whole dollar and enter all amounts as positive values. Gross Federal Income Social Security Medicare Employee Earnings Tax Nithheld Tax withheld Tax Withheld Arnett Cruz Edwards Harvin Nicks Shiancoe Ward 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 employee's camings: (a) federal unemployment compensation at 0.6% on the first $10,000 of each employee's earnings: (e) total. Round amounts to the nearest whole dollar and enter all amounts as positive values. (b) (d) (e)

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