21 Onlin 1+ : 1. false Problem Information Use the net FUTA tax rate of 0.6% on the first7,000 of taxable wages. Stys Company's payroll for the year is $1,210,930. of this amount, $510,710 is for wages paid in excess of $7,000 to each individual employee. The SUTA tax rate for the company is 3.2% on the first $7,000 of each employee's earnings. Round your answers to two decimal places. a. The amount of FUTA tax for the year is $ b. The amount of SUTA tax for the year is