This Problem will be broken into three parts.$$

Part $1$:$$ Determine taxable wages

Part $2$:$$ Determine taxes per pay

Part $3$:$$ Determine amounts for Form $941,$ W$2,$ and Form $940$

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Part $2$ of the final is not proctored, but must be completed in one sitting. The time limit is $120$ minutes. $$

This part of the final is designed to test your understanding of the taxable wages, determining federal income taxes, and filling out Forms $941,940,$ &$$ W$2$ amounts.$$ This final exam contains $31$ fill$-$in$-$the$-$blank questions worth $56$ points.$$ You should use your payroll template as needed.$$