Using the information from Problem 8A-4, please complete a Form 940 for Smiths Sporting Goods for the

Using the information from Problem 8A-4, please complete a Form 940 for Smith’s Sporting Goods for the current year. Additional information needed to complete the form is as follows:

In Problem 8A-4,

a. SUTA rate: 5.7%
b. State reporting number: 025-319-2
c. No FUTA tax deposits were made for this year.
d. Smith’s three employees for the year all earned over$7,000.

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OCTOBER FICA Empoye Monthly Earnings YTD Earnings OASDI Mece FederalIne Tax Paula Bush Joe Lapine Gina Vale 2,820 3,540 3,780 $10,140 $100,650 $174.84 40.89 51.33 54.81 $184,550 628.68 147.03 S 530.00 422.00 537.00 $1,489.00 39,700 44,200 219.48 234.36 NOVEMBER FICA Employee Paula Bush Joe Lapine Gina Vale Monthly Earnings YTD Earnings Medicare $103,690 $188.48 44.08 55.97 53.07 $195,110 $654.72 $153.12 OASDI Federal Income Tax S 3,040 3,860 3,660 $10,560 $595.00 464.00 556.00 $1,615.00 43,560 47,860 239.32 226.92 DECEMBER FICA Employee Paula Bush Joe Lapine Gina Vale Monthly Earnings 4,240 3,860 4,320 12,420 YTD Earnings Medicare 107,930 $192.82 61.48 55.97 62.64 207,530 $699.98 $180.09 OASDI Federal Income Tax S 871.00 476.00 708.00 $2,055.00 47,420 52,180 239.32 267.84