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 FCA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.48 of the frist 57,000 paid to its employee. Exercise 11-9 (Algo) Payroll-related journal entries LO P3 relstedinginites Complete this question by entering vour answers in the tabs below. Complete this question by entering your answers in the tabs below. Assuming situation (a), compute the payroll taxes expense. Note: Round your answers to 2 decimal places. Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its rejtiod habigis Note: Round your answers to 2 decimal places. Journal entry worksheet Record the employer's September 30 payroll taxes expense and its related liabilities