BMX Company has one employee. FICA Social Security taxes are 62% 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 finst $7,000 paid to its employee. Exercise 9-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (a), prepare the employer's September 30 joumal entry to record salary expense and as related puytoll liabilujes tor this employee. The employee's federal income taxes with held by the empioyer are $60 for this pay period. Answer is not complete. Complete this question by entering your answers in the tabs below