Answer:
14379.50
Step-by-step explanation:
If I remember correctly, the Medicare tax is taken on Gross Income. The question has already limited the base amount for Social Security.
<em><u>Social Security:</u></em> 118,500 * 6.2/100 = 7347
Medicare Tax: 485,000*1.45/100 = <u>7032.50</u> Add
Add 14379.50
Sonny paid 14370 in taxes for these 2 items.
Which ever one of those that doesnt have a decimmal
The answer is -48
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The angles would be 38.85, 51.19, and 90. I attached a picture showing the steps.
