Find the Social Security tax and Medicare tax on the annual gross income of a self-employed individual. For a self-employed person, the FICA rate is 12.4% and the Medicare rate is 2.9%. Round to the nearest cent if needed.Larry Barnes, management consultant, earned $67,504.96
A. $8270.62, $1857.64
B. $8370.62, $1957.64
C. $4185.31, $1957.64
D. $4185.31, $978.82
Answer: B
Mathematics
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A. 
B. 
C. (0, 6)
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B. 
C. 
D. 
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