An employee earned $4,600 in February working for an employer. Cumulative earnings of the previous pay periods are $4,800. The FICA tax rate for Social Security is 6.2% of the first $127,200 of earnings each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employees pay. What is the amount the employer should record as payroll taxes expense for the month of February?

		$581.90
		$110.00
		$351.90
		$483.90
		$230.00

1. During 2017, the balance in Basic Training, Inc's Allowance for Doubtful Accounts increased by $32,000. If the company wrote off $110,000 of specific customer accounts receivable balances in 2017, what did Basic report as bad debt expense on the 2017 (year-to-date) income statement?

   	A.	$142,000
   	B.	$110,000
   	C.	None of the answer choices provided are correct.
   	D.	$32,000
   	E.	$78,000