Problem $9-3$A $($Algo$)$ Payroll expenses, withholdings, and taxes LO P$2,$ P$3$

Paloma Company has four employees. FICA Social Security taxes are $6\mathrm{.}2\%$ of the first $$137,700$ paid to each employee, and FICA Medicare taxes are $1\mathrm{.}45\%$ of gross pay. Also, for the first $$7,000$ paid to each employee, the company$$s FUTA taxes are $0\mathrm{.}6\%$ and SUTA taxes are $5\mathrm{.}4\%.$ The company is preparing its payroll calculations for the week ended August $25.$ Payroll records show the following information for the company$$s four employees.

Current Week

Name Gross Pay through August $18$ Gross Pay Income Tax Withholding

Dali $ $123,700$ $ $5,200$ $ $625$

Trey $135,3002,400266$

Kiesha $9,5001,80060$

Chee $3,4501,80048$

In addition to gross pay, the company must pay one$-$half of the $$108$ per employee weekly health insurance; each employee pays the remaining one$-$half. The company also contributes an extra $8\%$ of each employee$$s gross pay $($at no cost to employees$)$ to a pension fund.

Required:

Compute the following for the week ended August $25.$

Note: Round your intermediate calculations and final answers to $2$ decimal places.

$\backslash$table$[[7)$ Each Employee's Net $($take$-$home$)$ Pay,Total$],[$Employee$,$Dali,Trey,Kiesha,Chee$],[$Gross Pay,$$,5,200\mathrm{.}00,$$$,2,400\mathrm{.}00,$$$,1,800\mathrm{.}00,$$$,1,800\mathrm{.}00,$$$,11,200\mathrm{.}00$