Task 1. On December 5, 202X, prepare a payroll register for this biweekly payroll. (If an input field is not used in the table leave the field empty; do not enter a zero. Abbreviations used: YTD = Year to date, FIT = Federal Income Tax, SIT = State Income Tax. Round all amounts to the nearest cent as needed, X.XX.) Earnings Taxable Earnings Prior Marital Employee Name Status Earnings (YTD) Regular Overtime Gross Current Earnings (YTD) FUTA/ SUTA Social Security Employee Earnings Addly, S. Single Garth, A. Single Mas, A. Single Sons, C. Single Total Employee Marital Status Addly, Shan Single Cumulative Earnings Before This Payroll $ Biweekly Salary Check No. Department 6,300 $ 1,500 30 Production Garth, Ash Single 47,600 1,950 31 Mas, Allen Single 141,400 2,120 32 Office Production Sons, Cal Single 162,000 700 33 Office Deductions Distribution of Expense Employee Name (Assume no overtime earnings.) Social Charitable Security Medicare FIT SIT Addly, S. Contributions Net Pay Check # Production 30 Office Garth, A. 31 Print Done Mas, A. 32 Sons, C. 33 Total BIWEEKLY Payroll Period Percentage Method Withholding Chart STANDARD Withholding Rate Schedules Single or Married Filing Separately of the amount that The tentative the Adjusted amount to Plus this withhold is: percentage Wage exceeds- Adjusted wage amount is at least $0, but less than $483 Adjusted wage amount is at least $483, but less than $865 Adjusted wage amount is at least $865, but less than $2,041 Adjusted wage amount is at least $2,041, but less than $3,805 Adjusted wage amount is at least $3,805, but less than $6,826 Adjusted wage amount is at least $6,826, but less than $8,538 Adjusted wage amount is at least $8,538, but less than $20,621 Adjusted wage amount is at least $20,621 $ $ 0.00 0% $ 0 0.00 10% $ 483 $ 38.20 12% $ 865 $ 179.32 22% $ 2,041 $ 567.40 24% $ 3,805 $ 1,292.44 32% $ 6,826 $ $ 1,840.28 6,069.33 35% $ 8,538 37% $ 20,621 Assumptions Assume the following: 1. FICA Social Security is 6.2% on $142,800; FICA Medicare is 1.45% on all earnings. 2. Federal income tax is calculated using the biweekly payroll withholding chart included. 3. State income tax is 10% of gross pay. 4. Charitable Contributions are $14 biweekly. 5. The SUTA rate is 5.0% and the FUTA rate is 0.6% on earnings up to $7,000. (Note that the $7,000 wage base applies to both SUTA and FUTA.) Print Done