23. GTW Incorporated. did not make timely deposits for SUTA purposes and its state wages subject to SUTA and FUTA were $289,000. Assume the wage limit was reached prior to July 1, 2020.

1. Calculate the amount of tax due on the 940.

2. How much would the FUTA tax have been if GTW made timely deposits to its state fund?

24. Louis, who is single, sold his house in St. Louis at a gain of $240,000 on June 8, 2020. He properly excluded the gain. He took another job in Memphis. He purchased a new home in Memphis for $225,000 on August 5, 2020. Louis was transferred by his employer to New Orleans. Louis sold his Memphis house at a $36,000 gain on October 15, 2020. What is Louis's recognized gain on the Memphis house?