As of February 29, 2016, American Greetings Corp. had 7,000 full-time and 20,500 part-time employees. Assume in the last pay period of the year, the company paid $8,000,000 to employees after deducting $2,000,000 for employee income taxes, $612,000 for FICA taxes, and $700,000 for other purposes. No payments have been made to the government relating to these taxes. Which of the following statements is true regarding this pay period?

a. FICA Taxes Payable should be $612,000.
b. FICA Taxes Payable should be $1,224,000.
c. Salaries and Wages Expense should be $8,000,000.
d. None of the above is true.