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Assume the FUTA tax rate is 0.6% and the SUTA tax rate is 2.9%. Both taxes are applied to the first $7,000 of an employee's

Assume the FUTA tax rate is 0.6% and the SUTA tax rate is 2.9%. Both taxes are applied to the first $7,000 of an employee's pay. What is the total unemployement tax an employer must pay on an employee's annual wages of $60,000?

$180

$265

$380

$245

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