Social Security rate $-6\mathrm{.}2\%$ on the first $$142,800$ of gross earnings

Medicare rate $-1\mathrm{.}45\%$

FUTA rate $-0\mathrm{.}6\%$ on the first $$7,000$ of gross earnings

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Don't forget, you must show ALL work$/$calculations to receive full credit!$$ Also, be sure to round to two decimal places after EVERY calculation.$$

Question $4(30$ points$)$

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Using the tax form below as guidance, complete lines $3-8$ of the $940.$ Total employee compensation for the year was $$368,490,$ and total dependent care contributions totaled $$18,500.$ All earnings subject to FUTA tax are also subject to SUTA tax. Five employees earned more than $$7,000$ that was subject to FUTA tax $($each exceeded this threshold in the $1$st quarter$),$ while a sixth employee hired during the $4$th quarter earned only $$5,500$ that was subject to FUTA tax.

Use$$this form as guidance only, and enter your answers as numbered lines $(3,4,5,$ etc.$)$