Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $118,500 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 2.9% of the first $7,000 pald to its employee. Gross Pay through August $ 6,000 19,700 113,700 Cross Pay for September $1,500 3.600 9.500 Exercise 9-5 Computing payroll taxes LO P2, P3 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). (Round your answers to 2 decimal places. September Earnings Tax Rate Assuming situation a, prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee's federal Income taxes withheld by the employer are $70 for this pay period. (Round your answers to 2 decimal places.) Wbles Taxes to be Withheld From Gross Pay (Employee Paid Taxes) September Earnings Tax Rate Tax Amount Subject to Tax Federal income tax $ 70.00 Assuming situation a, prepare the employer's September 30 journal entries to record the employer's payroll taxes expense and its related liabilities. (Round your answers to 2 decimal places.) Employer Payroll taxes September earnings subject to tax Tax Rate Tax Amount 0.00