An employee earns $$5,650$ per month working for an employer. The FICA tax rate for Social Security is $6\mathrm{.}2\%$ of the first $$132,900$ of earnings each calendar year and the FICA tax rate for Medicare is $1\mathrm{.}45\%$ of all earnings. The current FUTA tax rate is $0\mathrm{.}6\%,$ and the SUTA tax rate is $5\mathrm{.}4\%.$ Both unemployment taxes are applied to the first $$7,000$ of an employee$$s pay. The employee has $$188$ in federal income taxes withheld. The employee has voluntary deductions for health insurance of $$156$ and contributes $$78$ to a retirement plan each month. What is the amount the employer should record as payroll taxes expense for the employee for the month of January?

Note: Round your intermediate calculations to two decimal places.

Multiple Choice

$$432\mathrm{.}23$

$$476\mathrm{.}23$

$$623\mathrm{.}23$

$$861\mathrm{.}98$

$$771\mathrm{.}23$