Consistent with SLO#$7,$ the objective of this assignment is to construct an Excel spreadsheet relating to a topic covered in the course. In this assignment the task is related to payroll liabilities covered in Module $4.$

Required:

Below is a payroll sheet for Riverbed Imports for the month of September $2025.$ The company is allowed a $1\%$ unemployment compensation rate by the state; the federal unemployment tax rate is $0\mathrm{.}8\%$ and the maximum for both is $$7,000.$ Assume a $10\%$ federal income tax rate for all employees and a $7\mathrm{.}65\%$ FICA tax on employee and employer on a maximum of $$142,800.$ In addition, $1\mathrm{.}45\%$ is charged both employer and employee for an employee's wages in excess of $$142,800$ per employee.