Question: How do you solve this problem? *Updated: Added some more pictures. Hope it clears things up. Hark Enterprises in Taft, Wyoming, has six employees who

How do you solve this problem? *Updated: Added some more pictures. Hope it clears things up.

"Hark Enterprises in Taft, Wyoming, has six employees who are paid on a semimonthly basis. Calculate the net pay from the information provided below for the August 15 pay date. Assume that all wages are subject to Social Security and Medicare taxes. Use the wage-bracket tables in Appendix C to determine the Federal income tax withholding. (Round your intermediate calculations and final answers to 2 decimal places.)

Required:

a.

L. Fletcher:

Married, five withholdings

Gross pay: $1,320 per period

401(k) deduction: 2% of gross pay per pay period

b.

S. Lince

Single, no withholdings

Gross pay: $1,745 per period

401(k) deduction: $220 per pay period

c.

A. Brown

Single, five withholdings

Gross pay: $2,120 per period

Section 125 deduction: $25 per pay period

401(k) deduction: $150 per pay period

d.

R. Kimble

Married, six withholdings

Gross pay: $1,570 per period

United Way deduction: $25 per pay period

Garnishment: $75 per period

e.

F. Monteiro

Married, no withholdings

Gross pay: $2,200 per period

Section 125 deduction: $100 per period

401(k) deduction: 4% of gross pay

f.

K. Giannini

Single, two withholdings

Gross pay: $1,485 per period

401(k) deduction: $120 per period"

How do you solve this problem? *Updated: Added some more pictures. Hope

it clears things up. "Hark Enterprises in Taft, Wyoming, has six employees

----

who are paid on a semimonthly basis. Calculate the net pay fromthe information provided below for the August 15 pay date. Assume thatall wages are subject to Social Security and Medicare taxes. Use the

*

Run Date 10/14/2016 Company Name: Tooka's Trees P/R Date 10/14/2016 Check Date: 10/14/2016 No. of Overtime Hours Taxable Wages for Hourly RateNo. of Taxable No. of Holiday Commissio Earning Hours Gross 401(k) Regular Hours Name MIS Cafeteria Plan Wages for WH or Period wage Federal WH FICA 28.40 S Fletcher, L Lince, S Brown, A Kimble, R Monteiro, F Giannini, K 5 S 1,320.00 S 1,745.00 5 S 2,120.00 S 1,570.00 2.200.00 2 S 1,485.00 S 1,320.00 S S 1,745.00 S 220.00 S S 2,120.00 S 150.00 S S 1,570.00 S S 2,200.00 S S 1.485.00 3 120.00 S S 10,44000S04.40S125.00S 9710.60 6,120.00 0S 1,293.60S1,320.00 r s 1,525.00 S 1,745.00 25.00 S 1,945.00 0.00 5 0.00 S 1,570.00 S 1,570.00 S 100.00 S 2.012.00 0.00 S 1,365.00 S 1,485.00 Totals

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