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Problem 9-3A (Static) Payroll Expenses, Withholdings, and Taxes LO P2, P3

Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first \[tex]$137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Additionally, for the first \$[/tex]7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees:

[tex]\[
\begin{array}{lccc}
\text{Employee} & \text{Gross Pay through} & \text{Current Week's Gross Pay} & \text{Income Tax Withholding} \\
\text{Dali} & \$136,600 & \$2,000 & \$284 \\
\text{Trey} & \$136,800 & \$900 & \$145 \\
\text{Kiesha} & \$6,900 & \$450 & \$39 \\
\text{Chee} & \$1,250 & \$400 & \$30 \\
\end{array}
\][/tex]

In addition to gross pay, the company must pay two-thirds of the \$60 per employee weekly health insurance; each employee pays the remaining one-third. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund.

Required:
Compute the following for the week ended August 25.

Note: Round your intermediate calculations and final answers to 2 decimal places.