Use the following tax rates and limits: Employee and Employer OASDI: Employee* and Employer HI: 6.20% $142.800 1.45% No limit Self-employment (SECA) OASDI: 12.4% S142.800 Self-employment (SECA) HI: 2.9% No limit *Employee HI: Additional 0.9% on wages over $200,000. Also applicable to self-employed. Unless instructed otherwise, compute hourly rate and overtime rates as follows: 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, drop the third decimal place. Use the federal minimum hourly wage of $7.25 in solving these problems and all that follow. 1. Complete the partial payroll register below (blue shaded area), then answer the questions that follow. Employee Name Current Earnings OASDI Taxable Earnings OASDI Tax HI Tax Castaneda, Ruby Lucas, Evan Park, Dierdre Totals Cumulative Earnings (prior to this pay period) $89,745 $87,986 $136.287 $314,018 $8,173 $8,018 $12.350 $28,541 a) What is the employer's OASDI tax for the pay period shown in the register above?