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Wage ond Tax statement Data on Employer FICA-Tax Ehrlich Co, began business on January 2, 20Y8. Salaries were pald to employees on the last day

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Wage ond Tax statement Data on Employer FICA-Tax Ehrlich Co, began business on January 2, 20Y8. Salaries were pald 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 emplovee who is hired in the middle of the month receives half the monthly salary for that month. Ail required payroll tax reports were fied, and the correct arnount of payroll taxes was remitted by the company for the calendar yeac, Early in 20 gy, before the Wage and Tax Stotements (Form W-2) could be prepered for distribution to employees and for filing with the Social Securisy Adminlatration, the smployers' earnings racoret were inbdvertently destroved. None of the employees resigned or were discharged during the veac, and thein were no changes in salary rated. 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 ratef, and employees' income taxes withneld, which are summarized as follows, were obtained from personnel reconds and payroll records! 1. Caiculate the ambunts to be reported on esch employee's Wage and Tax Statemnt (form W-2) for 20ra. Note: found amounts to the nearest whole dollar and enter all omouints as positive values. 1. Calculate the amounts to be reported on each employees Wage and Tax Statement (form W-2) for 2orob. Note: Pound amounts to the nearest whole dollar and enter all amounts ss ponitive valuef. 2. Caleulate the following employer payron taxes for the yeari (a) social security; (b) Medicare; (c) state unemployment compensation at 5.tsw on the first sio,000 of each employcek oamings, (d) federal unemployment compensation at 0.6% on the first $10,000 of each employee's earnings:, (c) total Note: Round amounts to the nearest whole dollar and enter all amounts as positive valuet. (a) (b) (c) (d) (e)

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