In 2019, a family of four living on Long Island has a total gross income of $225,000. The family has two adults and two children with ages of 6 and 10. The family bought a home for the price of $550,000 at the beginning of 2019 that has an annual property tax of $15,000 and an annual utility bill of $6,000. They paid a 20% down payment and took out a 30-year fixed rate mortgage with an interest rate of 3.0% per year that compounds monthly. That is, they paid 12 equal monthly mortgage payments in 2019 at the beginning of each month. The family has a pre-tax retirement savings that equals to 15% of the gross income and the employer matches the first 5%. Suppose in 2019 joint filings with less than $250,000 wages are not subject to the extra 0.9% Medicare tax. How much shall the family pay for the Social Security tax, Medicare Tax, and Federal Income Tax? (Round to the nearest dollar amount.) A. Social Security tax: $11,858; Medicare Tax: $3,263; Federal Tax: $21,186 B. Social Security tax: $8,240; Medicare Tax: $3,263; Federal Tax: $21,981 C. None of the other answers is correct. D. Social Security tax: $11,858; Medicare Tax: $2,773; Federal Tax: $21,293 E. Social Security tax: $8,240; Medicare Tax: $2,773; Federal Tax: $22,089 F. Social Security tax: $8,240; Medicare Tax: $3,263; Federal Tax: $25,981 In 2019, a family of four living on Long Island has a total gross income of $225,000. The family has two adults and two children with ages of 6 and 10. The family bought a home for the price of $550,000 at the beginning of 2019 that has an annual property tax of $15,000 and an annual utility bill of $6,000. They paid a 20% down payment and took out a 30-year fixed rate mortgage with an interest rate of 3.0% per year that compounds monthly. That is, they paid 12 equal monthly mortgage payments in 2019 at the beginning of each month. The family has a pre-tax retirement savings that equals to 15% of the gross income and the employer matches the first 5%. Suppose in 2019 joint filings with less than $250,000 wages are not subject to the extra 0.9% Medicare tax. How much shall the family pay for the Social Security tax, Medicare Tax, and Federal Income Tax? (Round to the nearest dollar amount.) A. Social Security tax: $11,858; Medicare Tax: $3,263; Federal Tax: $21,186 B. Social Security tax: $8,240; Medicare Tax: $3,263; Federal Tax: $21,981 C. None of the other answers is correct. D. Social Security tax: $11,858; Medicare Tax: $2,773; Federal Tax: $21,293 E. Social Security tax: $8,240; Medicare Tax: $2,773; Federal Tax: $22,089 F. Social Security tax: $8,240; Medicare Tax: $3,263; Federal Tax: $25,981