Calculating Social Security and Medicare Taxes

Assume a Social Security tax rate of $6\mathrm{.}2\%$ is applied to maximum earnings of $$128,400$ and a Medicare tax rate of $1\mathrm{.}45\%$ is applied to all earnings. Calculate the Social Security and Medicare taxes for the following situations:

$\backslash$table$[[$Cumul$.$ Pay,,,,Amount,Amount,,M$],[$Before Current,Current,Year$-$to$-$Date,Soc. Sec.,Over Max.,Subject to$,$Soc. Sec. Tax,$],[$Weekly Payroll,Gross Pay,Earnings,Maximum,Soc. Sec.,Soc. Sec.,Withheld,y$],[$$$31,000,$$$1,500,$$$,$$$128,400,$$$,$$$,$$$,$$