Assume the same facts as problem 43, except that the entire $130,000 payment to Melva represents a reasonable salary: there are no dividend payments;

FICA taxes paid in by Melva as an employee $________.

Fica taxes paid by Malvern Co. on Melva's salary $________.

Federal Income taxes paid by Malvern Co. $_________.

Federal Income taxes paid by Melva & Jim Malvern $_________.

Total taxes paid $_________.

FACTS for 43 : Malvern Company has a net income in 2020 of $180,000, before considering the $130,000 payments to its owner, Melva Malvern. Melva is married to Jim Malvern, and they do not have any children or other dependents. Melva and Jim are both 45 years of age. Their itemized deductions for the year total $27,900 under all scenarios. Ignore any federal unemployment tax liability (FUTA), but do consider any allowable expense deductions for the FICA and/or self-employment tax.