Required informntion Use the following information for the Exercises below. (Algo) [The foulowing informabion applics to the questons displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2 s of the first $137700 paid to its employee, and FICA Medicate taxes are 1.45% of gross pay For BMX, its. FUTA taxes are 0.6% and SUTA taxes are 5.4\% of the fist 57,000 paid to its employee. Exercise 11-8 (Algo) Payroll-related journal entries LO P2 Assuming situation (6. prepare the employer's September 30 journal entry to record salary expense and its related payroll iabilities for this employee. The employee's federal income taxes withield by the employer are $60 for this pay petiod. Complete this question by entering your answers in the tabs below