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A company has the following information from its payroll records (all amounts are expressed in dollars): Salaries and wages earned by employees 180,000 Employee income

A company has the following information from its payroll records (all amounts are expressed in dollars):

Salaries and wages earned by employees 180,000
Employee income taxes withheld 27,000
FICA taxes withheld 9,000
Unemployment taxes 1,000

What is the company's total labor cost?

Multiple Choice

$216,000

$163,000

$181,000

$190,000

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