Complete the Following Weekly Payroll:
Assume: (1)FIT Calculated by Percentage

Short Answer

Complete the following weekly payroll:
Assume: (1)FIT calculated by percentage method; (2)Social Security 6.2% on $128,400; and Medicare 1.45%.Cumulative balance before this payroll is below maximum as related to cumulative earnings in calculating Social Security.
$\begin{array}{|c|c|c|c|c|c|c|c|}\hline \text { Name } & \begin{array}{l}\text { Marital } \\\text { Status }\end{array} & \begin{array}{l}\text { Exemptions } \\\text { Claimed } \\\end{array} & \text { Gross } & \text { FIT } & \begin{array}{|l}\text { Social } \\\text { Security }\end{array} & \text { Medicare } & \text { Net Pay } \\\hline \text { Joe Riense } & \text { M } & 3 & \$ 1,400 & \text { A } & \text { B } & \text { C } & \mathrm{D} \\\hline\end{array}$