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Help Save &ExitSubmit BMX Company has one employee. FICA Social Security taxes are 62% of the first $118,500 paid to its employee, and FICA Medicare

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Help Save &ExitSubmit BMX Company has one employee. FICA Social Security taxes are 62% of the first $118,500 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 05% and SUTA taxes are 29% of the first $7,000 paid to its employee. 18,200 112,200 2,100 8,000 of 3 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings each of three separate situations (o) (b), and (c) (Round your answers to 2 decimal places) Earnings Tax Rate FICA-Social Security FUTA SUTA Tax Rate FICA Social Security FUTA 6 5 3

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