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At the end of the weekly payroll period on June 30, 2016, the payroll register of Cordts Consultants showed employee earnings of $71, 400. Determine

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At the end of the weekly payroll period on June 30, 2016, the payroll register of Cordts Consultants showed employee earnings of $71, 400. Determine the firm's payroll taxes for the period. Use a social security rate of 6.2 percent Medicare rate of 1.45 percent. FUTA rate of 0.6 percent and SUTA rate of 5.4 percent. Consider all earnings subject to social security tax and Medicare tax and $41, 140 subject to FUTA and SUTA taxes (Round "Rate'' answers to 2 decimal places.)

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