IE Exercise $9-7($Static$)$: Computing payroll taxes LO P$2,$ P$3$

BMX Company has one employee. FICA Social Security taxes are $6\mathrm{.}2\%$ of the first $$137,700$ paid to its employee, and FICA Medicare taxes are $1\mathrm{.}45\%$ of gross pay. For BMX$,$ its FUTA taxes are $0\mathrm{.}6\%$ and SUTA taxes are $5\mathrm{.}4\%$ of the first $$7,000$ paid to its employee. Compute BMX$\text{'}$s amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations $($a$),($b$),$ and $($c$).$

$\backslash$table$[[$Gross Pay through$],[$August $31]]$

$\backslash$table$[[$Gross Pay for$],[$September$]]$

Compute BMX$\text{'}$s amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations $($a$),($b$),$ and $($c$).$

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