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

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Wage and Tax Statement Data on Employer FICA TX Ehrlich Co, began business on January 2. 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 hall 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 the following year before the Wage and Tax Statements (Form W-2) could be prepared for distribution to employees and for Pling with the Social Security Administration, the employees caring records were inadvertently destroyed None of the employees resigned or were discharged 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% on salary. Data on dates of employment, salary rates, and employees income taxes withheld, which are summarized as follows were obtained from personnel records and payroll records: Employee Date First Employed Monthly Salary Monthly Income Tax Withheld Arnett Nov. 16 $3,400 $503 Cruz Jan. 2 5,200 2,300 285 Harvin 2,500 Feb. 1 10,300 Shiancoe 3,600 Ward Nov. 16 8,700 Required: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2), Enter amounts to the nearest cent if required. Enter all amounts as positive numbers Employee Gross Earnings Federal Income Tax Withheld Social Security Tax Withheld Medicare Tax Withheld Arnett 978 Edwards Oct. 1 Dec. 1 310 Nicks 2,318 Mar. 1 551 1,879 Cruz Edwards Shianco Mar. 1 551 Nov. 16 3,600 Ward 8,700 1,879 Required: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2). Enter amounts to the nearest cent If required. Enter all amounts as positive numbers Employee Gross Earnings Federal Income Tax Withheld Social Security Tax Withheld Medicare Tax Withheld Arnett Cruz Edwards Harvin Nicks Shiancoe Ward 2. Calculate the following employer payroll taxes for the years (a) social security: (1) Medicare; (c) state unemployment compensation at 54% on the first 510,000 on each employee's earnings: (a) federal unemployment compensation at 0.8% on the first $10,000 of each employee's earnings: (e) total. Round your answers to two decimal places (a) (6) $ (c) (d) (e)

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