An employee earns 55,500 per month working for an employer The FICA tax rate for Social Security s 6 29. of the first 5121.400 of aming each calendar year and the FICA tax rate for Medicate is 145% of all earnings. The current FUTA tax rate is 06% and the SUTA tante 5.45 Both unemployment taxes are applied to the first $7000 of an employee's pay. The employee has $182 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $150 and contributes $75 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? Multiple Choice O $42075 $84150 O $60275 $75075 3 $464.75