Fall Company has five salaried employees. Your task is to use the following information to prepare a payoll register to calculate net pay for each employee:

Assume the following:

1. FICA OASDI is 6.2% on $127,200; FICA Medicare is 1.45% on all earnings.

2. Each employee contributes $50 biweekly for medical insurance.

3. State income tax is 6% of gross pay.

4. FIT is calculated from Figure 7.2

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Cumulative Earnings Biweekly Before This Payroll Allowance and Employee Marital Status Salary Department Dunn, Heidi S-1 $ 40,000 $1,350 Customer Service Howell, Kaitlynn S-1 35,000 1,300 Office Sheldon, Heidi S-1 58,300 1,500 Office Conway, Bryce S-2 126,300 2,020 Customer Servrice Clinton, Larry S-3 27,000 1,110 Customer Service