1. Hamptons Handbags has the following amounts listed on their Form 941:

Assume no tipped employees, no Section 125 health insurance, and that none of the employees had exceeded the Social Security wage base. What amount belongs on line 5e?

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2 Wages, tips, and other compensation 3 Federal income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Column 1 Column 2 108,527 50 x 0.124 = 5a Taxable social security wages*. 5a (i) Qualified sick leave wages* 5a (ii) Qualified family leave wages* 5b Taxable social security tips. 5c Taxable Medicare wages & tips. 5d Taxable wages & tips subject to Additional Medicare Tax withholding x 0.062 = x 0.062 = x 0.124 = 108,527.50 x 0.029 = x 0.009 = 2 103,350.98 3 11,152.00 5e Total social security and Medicare taxes. Add Column 2 from lines 5a, 5a(i), 5a(ii), 5b, 5c, and 5d 5e Check and go to line 6. *Include taxable qualified sick and family leave wages paid in this quarter of 2023 for leave taken after March 31, 2021, and before October 1, 2021, on line 5a. Use lines 5a(i) and 5a(ii) only for taxable qualified sick and family leave wages paid in this quarter of 2023 for leave taken after March 31, 2020, and before April 1, 2021. 2 Wages, tips, and other compensation 3 Federal income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Column 1 Column 2 108,527 50 x 0.124 = 5a Taxable social security wages*. 5a (i) Qualified sick leave wages* 5a (ii) Qualified family leave wages* 5b Taxable social security tips. 5c Taxable Medicare wages & tips. 5d Taxable wages & tips subject to Additional Medicare Tax withholding x 0.062 = x 0.062 = x 0.124 = 108,527.50 x 0.029 = x 0.009 = 2 103,350.98 3 11,152.00 5e Total social security and Medicare taxes. Add Column 2 from lines 5a, 5a(i), 5a(ii), 5b, 5c, and 5d 5e Check and go to line 6. *Include taxable qualified sick and family leave wages paid in this quarter of 2023 for leave taken after March 31, 2021, and before October 1, 2021, on line 5a. Use lines 5a(i) and 5a(ii) only for taxable qualified sick and family leave wages paid in this quarter of 2023 for leave taken after March 31, 2020, and before April 1, 2021.