Sondeno Company has gathered the following payroll data for the month of July 2010.

Administrative salaries ........................................................... $ 50,000

Sales commissions earned ...................................................... 60,000

Executive salaries ................................................................... 280,000

Assume the following rates: FICA, 7.65 percent (no employees have reached the maximum withholding for social security); federal income taxes for administrative and sales 15%, executives 25%; state income taxes, 10 percent of the federal income tax withholding; FUTA taxes, 0.6 percent; and SUTA, 5.4 percent. Assume that employees are paid at the end of each month.

Required

A. What is the net pay for Sondeno’s employees?

B. What is the total payroll-related liability for Sondeno?

C. What is the payroll- related expense for Sondeno?

D. What are the amounts to be shown on the income statement, statement of cash flows, and balance sheet?