Requlred Information Use the following information for the Exercises below. [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128.400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMx, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee. Gross Pay through August 31 5,500 2, see 123, 100 Gross Pay for September $2, 300 2,6ee 9, 00e a. b. C. O P3 7Deuretl rolntod lournel entrles L Gross Pay through August 31 $ 5, see 2, see 123, 100 Grass Pay for September $2,300 2,6e0 9,800 a. b. Part 1 of 3 C. oints Exercise 9-5 Computing payroll taxes LO P2, P3 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings f separate situations (a). (b), and (c). (Round your answers to 2 decimal places.) eBook a) Hint September Earnings Subject to Tax Tax Tax Rate Tax Amount FICA-Social Security 6.20% 2,300.00 142.60 ASK 1.45% FICA-Medicare 2,300.00 33.35 0.00% FUTA Print 5.40% SUTA b) September Earnings Subject to Tax Tax Rate Tax Amount Tax References 2,600.00 6.206 181.20 FICA-Social Seourity 2,600.00 1.45% 37.70 FICA-Medicare 15.60 2,600.00 0.80% FUTA 140.40 5.4096 2,600.00 SUTA September Earnings Subject to Tax Tax Amount Tax Rate Tax FICA-Bocial Security 130 RO FICAMedinarA Required Information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, anc FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $ paid to its employee. Gross Pay through August 31 $ 5, see 2,500 123, 100 Gross Pay for September $2, 300 2,60e 9,00e b. C. Exercise 9-7 Payroll-related Journal entrles LO P3 Assuming situation (a), prepare the employer's September 30 journal entries to record the employer's payroll taxes expense related liabilities. Complete this question by entering your answers in the tabs below. Payroll Taxes Expense General Journal Compute the payroll taxes expense. (Round your answers to 2 decimal places.) September earnings subject to tax Tax Amount Tax Rate Employer Payroll taxes 6.20% 142 60 2,300.00 FICA Social Security FICA-Medicare 1.45% 0.00% 33.35 2.300.00 FUTA 5.40% SUTA