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Feb. 26 The company paid cash to Lyn Addie for eight days" work at $130 per day. Mar, 25 The conpany sold merchahdise with a $2,400 cost for $3,009 on credit to wildcat Services, involce dated March 25 , Required: 1. Assume that Lyn Addie is an unmarried employee. Her $1,040 of wages have deductions for FICA Social Security taxes, FICA Medicare taxes, apd federal income taxes. Her federal income taxes for this pay period total $104. Compute her net pay for the eight days' work paid on February 26. (Round your answer to 2 decimal places. Do not round intermediate calculations.) 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1 . (Round your answers to 2 decimal places. Do not round intermediate calculations.) 3. Record the journal entry to reflect the (employen) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addle has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5:4% for the compalny. (Round your answers to 2 decimal places. Do not round intermediate calculations.) 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate applies. (Round your answers to the nearest whole dollari) 8 Answer is not complete. Complete this question by entering your answers in the tabs betow. Astume that Lyn Addie is an unmarried employee. Her $1,040 of wagns have deductions for FICA Social Security taxes, FicA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total \$104. Compute her net pay for the eight days' work paid on February 26. Feb. 26 The company paid cash to Lyn Addie for eight days' work at $130 per day. Mar. 25 The company sold merchandise with a $2,490 cost for $3,000 on credit to wildeat services, invoice dated March 25. Required: 1. Assume that Lyn Addie is an unmarried employee. Her $1,040 of wages have deductions for FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this poy period totai $104. Compute her net pay for the elght days' work paid on February 26. (Round your answer to 2 decimal places. Do not round intermediate calculations.) 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1 . (Round your answers to 2 decimal places. Do not round intermediate calculations.) 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment, Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5.4% for the company. (Round your answers to 2 decimal places. Do not round intermediate calculations.) 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate applies (Round your answers to the nearest whole dollar.) 8 Answer is not complete. Complete this question by entering your answers in the tabs below. Record the joumal entry to reflect the payroll payment to Lyn Addie as computed in part 1. Feb, 26 The conpany paid cash to tyn Addie for elght days' work at $130 per day. Mar, 25 The cotpany sold merchandise with a $2,400 cost for $3,069 on credit to wildcat Services, involce dated March 25. Required: 1. Assume that Lyn Addie is an unmarried employee. Her $1,040 of wages have deductions for FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $104. Compute her net pay for the eight days' work paid oh February 26. (Round your answer to 2 decimal places. Do not round intermediate calculations.) 2. Record the journal entry to reflect the payroll payment to Lyn Addie as computed in part 1, (Round your answers to 2 decimal places. Do not round intermediate calculations.) 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA fhe FUTA rate is 0.6\% and the SUTA rate is 5 .4\% for the company. (Round your answers to 2 decimal places. Do not round intermediate calculations.) 4. Pecord the entries for the merchandise sold on March 2.5 if a 4% sales tax rate applies. (Round your answers to the nearest whole dollar.) Answer is not complete. Complete this question by entering your answers in the tahs below. Record the journal entry to reflect the (emplover) payroll tax expenses for the february 26 payroll payment. Assume Lyn Addie has not met eamings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5.4% for the company. Feb, 26 The company paid eash to Lyn Addle for eight days" work at $130 per day. Mar. 25 The coepary sold merchandise with a $2,400 cost for $3,009 on credit to Wildcat 5 ervices, involce dated March 25 . Required: 1. Assume that Lyn Addie is an unmarried employee. Her \$1,040 of wages have deductions for FicA Social Security taxes, FicA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $104. Compute her net pay for the eight days' work paid oh February 26. (Round your answer to 2 decimal places. Do not round intermediate caiculations.) 2. Record the journal entry to reflect the payroll payment to Lyn Addle as computed in part t (Round your answers to 2 decimal places. Do not round intermediate calculations.) 3. Record the journal entry to reflect the (employer) payroll tax expenses for the February 26 payroll payment. Assume Lyn Addie has not met earnings limits for FUTA and SUTA (the FUTA rate is 0.6% and the SUTA rate is 5.4% for the company, (Round your answers to 2 decimal places. Do not round intermediate calculations.) 4. Record the entries for the merchandise sold on March 25 if a 4% sales tax rate opplies. (Round your answers to the nearest whole dollar.) Answer is not complete. Complete this question by entering your answers in the tabs below. Mecord the erkires for the merchandise sold on March 25 if a 4% sales tax rate applies