Requlred Information Use the following Informatlon for the Exercises below. (Algo) [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Soclal Securlty taxes are 6.2% of the first $137,700 pald 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. Exercise 9-9 (Algo) Payroll-related journal entries LO P3 Assuming situation (a), prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilitles. Complete this question by entering your answers in the tabs below. Assuming situation (a), compute the payroll taxes expense. (Round your answers to 2 decimal places.)