Artisanâ inspiration, inc. is a merchandiser of stone ornaments. the company sold 6 comma 500 units during the year. the company has provided the followingâ information: sales revenue $ 590 comma 000 purchasesâ (excluding freightâ in) 302 comma 000 selling and administrative expenses 67 comma 000 freight in 15 comma 000 beginning merchandise inventory 43 comma 000 ending merchandise inventory 43 comma 000 what is the operating income for theâ year?

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60