An employee earned $45,600 during the year working for an employer when the maximum limit for Social Security was $127,200. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The employee's annual FICA taxes amount is:

Multiple Choice

• $661.20.

• $2,827.20.

• $2,166.00.

• $3,488.40.

• $6,315.60.