weekly. Assume that all employees received their regular salary during the entire year. Prepare the payroll for the pay period ending December 27, 20--, showing the following for each employee: - Use the wage-bracket method to withhold federal income tax from the regular salaries. - Withhold a flat 22% on the annual bonus. - Total salaries and bonuses are subject to a 2% state income tax and a 1% city income tax. Enter all amounts as positive numbers. And round all values to the nearest cent. tables for Manual Systems with Forms W4 from 2020 or later with Standard Withholding and 2021 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. * Monthly Compute the employer's FICA taxes for the pay period ending December 27, 20-.. \begin{tabular}{lcll} OASDI Taxes & & HI Taxes \\ \cline { 1 - 2 } OASDI taxable earnings & $ & & \\ OASDI taxes & $ & HI taxable earnings & $ \\ \end{tabular} weekly. Assume that all employees received their regular salary during the entire year. Prepare the payroll for the pay period ending December 27, 20--, showing the following for each employee: - Use the wage-bracket method to withhold federal income tax from the regular salaries. - Withhold a flat 22% on the annual bonus. - Total salaries and bonuses are subject to a 2% state income tax and a 1% city income tax. Enter all amounts as positive numbers. And round all values to the nearest cent. tables for Manual Systems with Forms W4 from 2020 or later with Standard Withholding and 2021 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. * Monthly Compute the employer's FICA taxes for the pay period ending December 27, 20-.. \begin{tabular}{lcll} OASDI Taxes & & HI Taxes \\ \cline { 1 - 2 } OASDI taxable earnings & $ & & \\ OASDI taxes & $ & HI taxable earnings & $ \\ \end{tabular}