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A business has a gross payroll of $136,988.40 that is taxable for Federal Income, Social Security and Medicare taxes. Federal Income: $24,117.87 Social Security and

A business has a gross payroll of $136,988.40 that is taxable for Federal Income, Social Security and Medicare taxes.

Federal Income: $24,117.87

Social Security and Medicare: $10,479.61

What is the businesss total payroll tax liability for this pay period?

A. $24,117.87 B. $34,597.48 C. $45,077.09 D. $171,585.88

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