2 Exercise 10.3 Determining social security withholding. LO 10-3 The monthly salaries for December and the year-to-date earnings of the employees of Bush Consulting Company as of November 30 follow Determine the amount of social security tax to be withheld from each employee's gross pay for December. Assume a 6.2 percent social security tax rate and an earnings base of $122.700 for the calendar year. (Round your final answers to 2 decimal places) eBook December Earnings Taxable Security Tax No. Salary Through Earnings6 6.20% Hint S 10,300S 99,400 10.400 10,000 10,400 70,400 110,000 100,400 Print References