Calculate the Social Security and Medicare tax that would be applied to an annual salary of $235,430. Use $106,800 for maximum taxable earnings.
A
Social Security tax: $1,459.67, Medicare tax: $341.37B
Social Security tax: $14,596.66, Medicare tax: $3,413.70C
Social Security tax: $662.16, Medicare tax: $341.37D
Social Security tax: $6,621.60, Medicare tax: $3,413.70