Marty's friend Tom makes and hourly wage of $15.00 per hour. Using that there are 40 hours in a standard work week, there are 52 weeks in a year, Social Security Tax is $6.20 for every $100 earned, Medicare Tax is $1.45 for every $100 earned, and the following income tax designations, calculate the following (round your answers to the nearest penny if needed): a. Tom's annual income is:
b. Tom's annual social security tax is:
c. Tom's annual medicare tax is: