Sagar The monthly salaries for December and the year-to-date earnings of the employees of Lincoln Project Company as of November 30follow.Determine the amount of Medicare tax to be withheld from each employee's gross pay for December. Assume a 1.45 percent Medicaretax rate and that all salaries and wages are subject to the tax.Note: Round your final answers to 2 decimal places.EmployeeNumber1234DecemberSalaryYear-to-Date MedicareEarningsTaxableThroughEarning-November 30December$ 9,300 $ 99,40070,400123,700100,4009,40010,1099,400MedicareTax 1.45%

A portion of an employee's earnings must be contributed by both the employer and the employee toward…

hine the amount of Medicare tax to be withheld from each employee's gross pay for December. A e and that all salaries and wages are subject to the tax. Round your final answers to 2 decimal places. oyee ber December Salary $ Year-to-Date Medicare Taxable Earning- December Earnings Through November 30 9,300 $ 99,400 9,400 70,400 Medicare Tax 1.45%