Refer to Exercise 7A-3. If F. Sampson earned $2,300 for the week instead of $280, what effect would this change have on the total payroll tax expense?

Data From Exercise 7A-3

From the following information, calculate the payroll tax expense for Caterer Company for the payroll of April 9:

The FICA Social Security tax rate is 6.2% on the first $142,800 earned, and FICA Medicare is 1.45% on all earnings. Federal unemployment tax is 0.6% on the first $7,000 earned by each employee. The SUTA tax rate for Caterer Company is 5.7% on the first $7,000 of employee earnings for state unemployment purposes.

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Employee H. Brown L. Cheney F. Sampson Cumulative Earnings Before Weekly Payroll $4,700 6,230 7,420 Gross Pay for the Week $925 575 280