In: Accounting
. Complete the following table with the information provided
|
Employee, with their allowable deductions |
Gross income |
|
Medical care contribution (1.45%) |
Contribution on income |
Other deductions |
Net income |
|
|
Arroyo (0) |
$835 |
(13%) |
$25 |
||||
|
Bravo (1) |
$780 |
(12%) |
$12 |
||||
|
Colón (2) |
$1,025 |
(9%) |
-0- |
||||
|
Díaz (3) |
$880 |
(11%) |
$5 |
||||
|
Figueroa (4) |
$510 |
(9%) |
-0- |
Determine:
• Contribution to Social Security (FICA)
• Medical care contribution (Medicare - FICA)
• Contribution on income
• Net income