Assume a Social Security tax rate of 6.2% is applied to maximum earnings of $118,500 and a Medicare tax rate of 1.A5% is applied to all earnings. Calculate the Social Security and Medicare taxes for the following situations: If an amount box does not require an entry, leave it blank. If required, round your answers to the nearest cont. Soc Yeartobate aming OVEM Subject to Soc sot Tuk $21,900 $1,000 $116,500 53,700 4,060 118,500 113,500 115,700 4,005 115.100 4,600 118.500