Dis Ch 9 A Eric, your friend, received his Form W-2 from his employer (below)...
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Accounting
Dis Ch 9 A Eric, your friend, received his Form W-2 from his employer (below) and has asked for your help. Eric's 2019 salary was $145,200 and he does not understand why the amounts in Boxes 1, 3 and 5 are not $145,200? His final paycheck for the year included the following information: - Eric contributed 5 percent of his salary to the company 401(k) plan on a pre-tax basis. - Eric is married with two children. He had $5,000 deducted from his wages for a Dependent Care Flexible Spending Account. Eric is enrolled in the company-sponsored life insurance program. He has a policy that provides a benefit of $145,200. - Eric contributed $2,650 to the Health Care Flexible Spending Account (he keeps forgetting that the maximum deferral has increased over the years). Using the information and Eric's Form W-2, prepare an email to Eric reconciling his salary of $145,200 to the amounts in Boxes 1.3, and 5. 791-51-4335 Empoy 12-3456789 compare and Ivy Technologies, Inc. 436 E. 35 Avenue Gary, IN 46409 Votre OMEN 148.000 FASTEN se-file we compro CORO 130,417.00 15,184.00 SOMMY 132,900.00 8,239.80 Mode Medicare 137,677.00 1,996.32 boy Ad . Le 13 Nogue 5,000.00 127.00 Eric Hayes 555 E. 81st Street Merrillville, IN 46410 X D 7,260.00 14 Othe DD 12.345.00 Pode IN 00122231001 16 130,417.00 4,956.00 130,417.00 987.00 LAKE Statement -To Be Red with Emp's FEDERAL Team W-2 Ware and Tax 2019

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