Williams Company pays its employees time-and-a-half for hours worked in excess of 40 per week. The information available from time records and employees' individual earnings records for the pay period ended September 21 is shown in the following chart: Earnings at End of Daily Time Income Name Previous Week Pay Tax Allowances M T Bolt, D. 6,745.00 8 8 Dore, C. 136,240.00 8 8 Gayle, A. 32,730.00 8 10 Hale, R. 117,560.00 8 8 Jilly, B. 35,154.00 8 8 Karn, S. 29,938.00 8 8 Ober, N. 6,795.00 8 8 w-8-8-8-8-8-9-8 W T F 10 8 SO Rate or Amount 0 25.00 1 8 8 0 49.50 $252.30 8 8 0 24.50 2 8 8 4 40.00 $195.50 8 8 0 49.50 $291.25 8 8 0 20.50 9 9 4 21.00 1 Wong, J. 27,252.00 8 8 10 8 8 0 20.00 2 Taxable earnings for Social Security are based on the first $118,500. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000.