8. Joseph Farmer earned $126,600 in 2019 for a company in Kentucky. He is single with one withholding allowance and is paid annually. The FUTA rate in Kentucky for 2019 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,500. Use the percentage method withholding tables in Appendix C and the state information in Appendix D. Use Figure 5.4.

Required:

Compute the employers share of the taxes. (Round your answers to 2 decimal places.)