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An employee earned $ 4 5 , 2 0 0 during the year working for an employer when the maximum limit for Social Security was

An employee earned $45,200 during the year working for an employer when the maximum limit for Social Security was $137,700. The Federal Insurance Contributions Act (FICA) tax rate for Social Security is 6.2% and the Federal Insurance Contributions Act (FICA) tax rate for Medicare is 1.45%. The employee's annual Federal Insurance Contributions Act (FICA) taxes amount is:
$6,915.60.
$6,260.20.
$2,802.40
(D) $3,457.80.
(E) $655.40.
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