Assuming situation (a), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities. Complete this question by entering vour answers in the tabs below. Assuming situation (a), compute the payroll taxes expense. Note: Round your answers to 2 decimal places. Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its employee, and FiCA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7.000 paid to its employee. Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 Compute-BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (o), (b), and (C). Note: Round your onswers to 2 decimol places. Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities. Noter Enter debits before credits