BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 paid to its and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. $ 6,100 19,800 213,800 $1,400 3,700 9,600 Assuming situation a, prepare the employer's September 30 journal entries to record the related liabilities. (Round your answers to 2 decimal places. 3Answer is not complete. Payroll taxes Tax Rate Tax t to tax 86.80 400.00 1,400.00 6.20% 20.30 FUTA SUTA 107.10 Prev Next >