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Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at $37,700. How much social security and Medicare must he pay this

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Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at $37,700. How much social security and Medicare must he pay this year? Round dollars to the nearest cent. Social security tax rate is 12.4% up to the wage base, Medicare is 2.9%. Social security: $ Medicare: $

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