May Company has five salaried employees. Your task is to use the following information to calculate net pay for each employee:

Assume the following:
1. FICA OASDI is 6.2% on $106,800; FICA Medicare is 1.45% on all earnings.
2. Each employee contributes $45 biweekly for medical insurance.
3. State income tax is 4% of gross pay.
4. FIT is calculated from Figure7.2.

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Biweekly Employee Dixie, Dylan Fry, Marc Ricard, Alison Hammel, Audrey Clinton, Lionel Allowance and Marital Status S-1 S-1 S-2 S-3 S-3 Cumulative Earnings before This Payroll $46,000 28,000 59,200 105,880 26,000 Salary 1,100 Customer Service 1,250 Office 1,300 Office 1,690Customer Service 1,110 Department Customer Service