Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $12,000. He is single and claims 1 deduction. Before this payroll, Barrett's cumulative earnings were $128,000. (Social Security maximum is 6.2% on $128,400 and Medicare is 1.45%) Calculate FIT by the percentage method. (Use Table 91 and Table 9.2) (Do not round intermediate calculations. Round your answers to the nearest cent.) FIT Social Security taxes Medicare taxes [S 174 Payroll Period One Withholding Allowance $79.80 159.60 Weekly ... ........ Biweekly ......................... Semimonthly .................... Monthly .......................... Quarterly ......................... Semiannually Annually......................... Daily or miscellaneous (each day of the payroll period) 345.80 . 1,037.50 2,075.00 4, 150.00 16.00 SOOO LILIULUI $11.751 .. KLY Payroll Period $3.103.57 plus 37% $11,761 (b) MARRIED person- If the amount of wages {after subtracting withholding allowances) is Nol over $444 E Over But not over- $444 $1,177 51.177 $3,421 $3,421 $6,790 56,790 -$12,560 00 $12.560 515.829 35 915,829 - $23.521 73 $23.521 EKLY Payroll Period The amount of income tax to withholdis: $ of excess over- $0.00 plus 100% $444 $73 30 plus 129 -$1,177 $342.58 plus 229 -S3,421 $1,083.76 plus 24% -S6,790 S2.468.56 olus 3200 ---$12.560 $3,514.64 plus 35% $15.829 $6 206.84 plus 37% -$23.521