Exercise 9-16 Computing payroll taxes LO P2, P3 Mester Company has 10 employees. FICA Social Security taxes are 6.2% of the first $113,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Employee Cumulative Pay Employee Cumulative Pay Employee Cumulative Pay Ken S $ 6,000 Christina S $ 152,800 Lori K $ 116,600 Tim V 60,200 Kathleen K 106,900 Matt B 36,800 Steve S 87,000 Michelle H 113,700 John W 4,000 a. Compute the amounts in this table for each employee and total the columns.