An employee earned $43,600 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:

Multiple Choice

• $2,703.20.

• $0, since the FICA tax is only deducted from an employee's pay.

• $3,335.40.

• $632.20.

• $6,670.80.