Word Problem 9-23 (Static) [LU 9-2 (1)] Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $12,000. He is single and claims 1 deduction. Before this payroll, Barrett's cumulative earnings were $128,000. (Social Security maximum is 6.2% on $128,400 and Medicare is 1.45%.) Calculate FIT by the percentage method. (Use Table 9.1 and Table 9.2) (Do not round intermediate calculations. Round your answers to the nearest cent.) FIT Social Security taxes $ 24.80 Medicare taxes $ 174