Advanced Computer Repair incurred salaries expense of $90,000 for 2024. The payroll tax expense includes employer FICA tax, state unemployment tax, and federal unemployment tax. Yeartodate earnings do not exceed $132,900. Of the total salaries, $10,800 is subject to unemployment tax. Currently, state unemployment tax is 5.4% and federal unemployment tax is 0.6%. Also, the company provides the following benefits for employees: health insurance (cost to the company, $2,100), life insurance (cost to the company, $820), and retirement benefits (cost to the company, 6% of salaries expense). What is the amount of the employer payroll tax expense for the year?

A.

$7,533

B.

$7,500

C.

$8,320

D.

$15,853