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Avon Barksdale is pald on a monthly basis. For the month of January of the current year, he earned a total of $8,688. Federal Insurance

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Avon Barksdale is pald on a monthly basis. For the month of January of the current year, he earned a total of $8,688. Federal Insurance Contributions Act (FICA) tix for Social Security is 6.2% on the first $137,700 of earnings eoch calendar year and the Federal insurance Contributions Act (FICA) tax for Medicare is 1.45% of all earnings. The Federal Unemployment Taxes (FUTA) tax rate is 0.6%, and the State Unemployment Taxes (SUTA) tax rate is 5.4% Both unemployment taxes are applied to the first $7,000 of an employee's pay. The amount of Federal lncome Tax withheld from his earnings was \$1,441.57. What is the amount of the employer's payroll toxes expense for this employee? (Round your intermediate calculations to two decimal places.) Multiple Choice $42000 51084,64 $2,62749 541892 $20530

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