Question: Word Problem 9 - 2 8 ( Algo ) [ LU 9 - 2 ( 2 ) ] Larren Buffett is concerned after receiving her

Word Problem 9-28(Algo)[LU 9-2(2)]
Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security, Medicare, and Federal Income Tax withholding (FIT) may be incorrect. Larren is paid a salary of $4,270 weekly. She is married, filing jointly and prior to this payroll check has total earnings of $140,340. What are the correct deductions for Social Security, Medicare, and FIT? Assume a rate of 6.2% on $142,800 for Social Security and 1.45% for Medicare. (Use Table 9.1).
Note: Round your answers to the nearest cent.
 Word Problem 9-28(Algo)[LU 9-2(2)] Larren Buffett is concerned after receiving her

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