Calculation of Taxable Earnings and Employer Payroll Taxes and Preparation of Journal Entry Selected information from the payroll register of Joanie's Boutique for the week ended September 14, 20--, is as follows: Social Security tax is 6.2% on the first $128,400 of earnings for each employee. Medicare tax is 1.45% of gross earnings. FUTA tax is 0.6% and SUTA tax is 5.4% on the first $7,000 of earnings. Taxable Earnings Unemployment Social Gross Pay Compensation Security Cumulative Pay Before Current Current Employee Name Jordahl, Stephanie Earnings $6,570 $1,170 Keesling, Emily 6,150 1,080 Palmer, Stefan 55,200 2,440 Soltis, Robin 54,220 2,290 Stout, Hannah 29,100 2,040 Xia, Xu 127,380 3,580 1. Calculate the amount of taxable earnings for unemployment, Social Security, and Medicare taxes.