Required information The following information applies to the questions displayed below.) Joseph Farmer earned $123,400 in 2019 for a company in Kentucky. He is single with one withholding allowance and is paid annually. The FUTA rate in Kentucky for 2019 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,500. Use the percentage method withholding tables in Appendix C and the state information in Appendix D. Use Figure 54 Required: Compute the following employee share of the taxes. (Round your answers to 2 decimal places.) Federal income tax withholding Social Security tax Medicare tax State income tax withholding $ 7,650.80 $ 1,789.30 Required information [The following information applies to the questions displayed below.) Joseph Farmer earned $123,400 in 2019 for a company in Kentucky. He is single with one withholding allowance and is paid annually. The FUTA rate in Kentucky for 2019 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,500. Use the percentage method withholding tables in Appendix and the state Information in Appendix D. Use Figure 5.4. Required: Compute the employer's share of the taxes. (Round your answers to 2 decimal places.) Federal income tax withholding Social Security tax Medicare tax FUTA SUTA State income tax withholding