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0/0.125 points An employee earned $62,500 during the year working for an employer. The FICA tax rate for Social Security is 6.2% of the

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0/0.125 points An employee earned $62,500 during the year working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 of employee earnings per calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of total unemployment taxes the employee must pay? $101.50 $56.00 $378.00 $434.00 50.00

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