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Required informotion [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first

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Required informotion [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 5.4% of the first $7,000 paid to its employee. ussuming situation (d), prepare the employer's September 30 joumal entry to record the employer's payroll taxes expense and its elated liabilities. Complete this question by entering your answers in the tobs below. Ascuming situation (a), compute the payroli taxes expense. Note: Pound your answers to 2 dedmal places

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