For each of the following individuals, calculate the applicable self-employment tax. Assume that each individual files tax returns under Married Filing Jointly status.

NOTE:For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1. Martin Hughes earns net self-employment income of $141,300. He works a second job from which he receives FICA taxable earnings of $102,800.

Self-Employment tax = $

3:

Elisa Grant earns net self-employment income of $198,000. She works a second job from which she receives FICA taxable earnings of $78,200.

Self-Employment tax =