Problem 5-6A (Algo) Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: On Form W-4, complete Step 2, the Multiple Jobs Worksheet (when applicable) to obtain the amount for Step 4(c). Calculate the federal income tax withholding using the wage-bracket tables with Forms W-4 from 2020 or later in Appendix C. Note: Round your intermediate calculations and final answers to 2 decimal places. Employee L. Torabi R. Beninati G. Fisher J. Tillman Filing Status S S MJ MJ Dependents None One Other Three <17 Two <17 Annual Salary $ $ $ $ 42,500 51,500 48,000 39,650 Spouse Annual Salary and Pay Frequency Not applicable Not applicable $80,000 per biweekly $23,790 per weekly Federal Income Tax per Period

PAYROLL REGISTER AND PAYROLL JOURNAL ENTRY Mary Losch operates a travel agency called Mary'sLuxury Travel. She has five employees,all of whom are paid on a weekly basis.The travel agency uses a payroll register, individual employee earnings records, and a generaljournal .   Mary's Luxury Travel uses a weekly federal income tax withholding table like the one in Figure 8-4 on pages 288 and 289.The payroll data for each employee for the week ended March 22,20-, are given below_ Employees are paid 1Y,times the regular rate for working over 40 hours a week.   $128,400 of earnings at the rate of 6.2%. Medicare tax is withheld at the rate of 1.45%, and city earnings tax at the rate of 1%, both applied to gross pay.Bacon and Leung have $15 withheld and Cole and Hicks have $10 withheld for health insurance.Bacon and Leung have$20 withheld to be invested in the travel agency's credit union. Cole has $38.75 withheld and Hicks has $18.75 withheld under a savings bond purchase plan.   Mary's Luxury…

Subject: accounting

N3. Account