Solve the problem.Mai earns a gross weekly income of $372.00. How much Social Security tax should be withheld the first week of the year? How much Medicare tax should be withheld? Social security tax is 6.2% and Medicare tax is 1.45%. Round to the nearest cent.
A. Social Security tax = $23.06
Medicare tax = $5.39
B. Social Security tax = $2.31
Medicare tax = $0.54
C. Social Security tax = $24.06
Medicare tax = $6.39
D. Social Security tax = $230.60
Medicare tax = $53.90
Answer: A
Mathematics
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