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IE Exercise 9 - 7 ( Static ) : Computing payroll taxes LO P 2 , P 3 BMX Company has one employee. FICA Social

IE Exercise 9-7(Static): Computing payroll taxes LO P2, P3
BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee.
Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a),(b), and (c).
\table[[,\table[[Gross Pay through],[August 31]],\table[[Gross Pay for],[September]]],[a.,$6,400,$800
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