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The monthly salaries for December and the year-to-date earnings as of November 30 for the three employees of the Lakeview Medical Center are listed below.

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The monthly salaries for December and the year-to-date earnings as of November 30 for the three employees of the Lakeview Medical Center are listed below. Compute the amount of social security tax and Medicare tax to be withheld from each of the employee's gross pay for December Assume a 6.2 percent social security tax rate on a maximum of $122,700 for the calendar year. Assume a 1.45 percent Medicare tax rate. (Round your answers to 2 decimal places.) Employee December Y-T-D Earnings Soc. Sec Number Medicare Tax for Dec. through Nov. 30 Tax for Dec. Salary 70,500 8,500 1 $ 2 119,800 10,000 9,500 3 103,000

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