eBook Video Calculator The information on earnings and deductions for the pay period ended December 14 from King Company's payroll records is as follows: Name Burgess, J.L Clayton, M. E Drugden, T. F Lul, LW Sparks, CR Stevers, D. H. Gross Pay $395 771 811 Beginning Cumulative Earnings $6,712 40,368 38,222 39,700 116,996 6,822 1,042 4,060 810 For each employee, the Social Security tax is 6.2 percent of the first $118.500 and the employer's Social Security tax is 6.2 percent on the same camings imit. The Medicare tax is 1.45 percent on all earnings. The federal unemployment tax rate is 0.6 percent of the first $3,000 of earnings of each employee. The state unemployment tax rate is 5.4 percent of the same base Determine the total taxable earnings for unemployment, Social Security, and Medicare. If an amount is zero, enter"0" BEGINNING CUMULATIVE EARNINGS ENDING CUMULATIVE TOTAL LEARNINGS TAXABLE EARNINGS UNEMPLOY SOCIAL MENT SECURITY 798 X NAME EARNINGS MEDICARE 395 771 420 X 6,717 7 40,368 38,222 Burgess, J.L Clayton, ME Drugden, T. F LUI, L. W 7,112 41,139 39,033 40,742 420 X 811 1,042 420 X 39,700