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also withhold $8,160 in federal income tax from the employees and pay state unemployment tax of $75. Assume that the Social Security tax rate is

image text in transcribed also withhold $8,160 in federal income tax from the employees and pay state unemployment tax of $75. Assume that the Social Security tax rate is 6.2%, and Medicare tax rate is 1.45%. Required: also withhold $8,160 in federal income tax from the employees and pay state unemployment tax of $75. Assume that the Social Security tax rate is 6.2%, and Medicare tax rate is 1.45%. Required

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