For tax purposes, assume that the maximum taxable earnings are $ 106,800 for Social Security and $ 7,000 for the unemployment tax and that all earnings are taxable for Medicare. For the payroll register for the month of November for Shelby, Inc., determine the taxable earnings for eachemployee.

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TAXABLE EARNINGS BEGINNING CUMULATIVE ENDING CUMULATIVE NAME 5-1 Axton, C. Edgar, E Gorman, L Jolson, R | EARNINGS | TOTAL EARNINGS | EARNINGS UNEMPLOYMENT SOCIAL SECURITY! MEDICARE 106,000.00 145.465.00 36,879.00 24,634.00 6,850.00 7,691.00 10,900.00 3,064.00 2,325.00 2,463.00 113,691.00 156,365.00 39,943.00 26.959.00 9,313.00 7 8 10