Michael Milier is paid twice a month and had total gross earnings as of 10/15 of $96,800. His gross earnings for the period ending 10/31 were $4,400, If social security taxes are 6.2% on a maximum earnings threshold of $132,900 per year and Medicare tax is 1.45% on all earnings, how much Medicare tax will be paid by Michael and how much will be paid by his employer for the period ending 10/31? Multple Choice Michoel well poy $63.80 and his employer will olso pyy $63.80 Wicheel will pay $6380 and his employer is not required to pay any social security tax Mehael walt pay $1914 and his employer will aiso poy $1914 Micheel will poy $1914 and his employer will pay 363.80