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Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below] BMX Company has one employee.

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Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137700 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 06% and SUTA taxes are 5.4% of the first $7.000 paid to its employee Exercise 9-7 (Algo) 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 threc separate situations (a), (b), and (c) Note: Round your answers to 2 decimal places. c) \begin{tabular}{|l|c|c|c|} \hline Tax & \begin{tabular}{c} September Earnings \\ Subject to Tax \end{tabular} & Tax Rate & Tax Amount \\ \hline FICA-Social Security & & & \\ \hline FICA Medicare & & & \\ \hline FUTA & & & \\ \hline SUTA & & & \\ \hline \end{tabular}

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