Airline Temporary Services (ATS) pays employees monthly. Payroll information is listed below for January, the first month of ATS's fiscal year. Assume that none of the employees exceeds the federal unemployment tax maximum salary of $7,000 in January. Salaries Expense $600,000 Federal and State income tax withheld 120,000 Federal unemployment tax rate 0.80% State unemployment tax rate (after FUTA deduction) Social Security (FICA) tax rate 5.40% 7.65% What is the total amount of Payroll Taxes ATS should record