Banerjee Company began its operations in September of the current year. Ouring September, the company pald wages of $23,400. For the last quarter of the year, the taxable wages paid amounted to $64,700, None of the employees was paid more than $7,000 this year: a. Is Banerjee Company liable for fuTA tax this year? b. If your answer to part (a) above is "Yes", what is the net FuTA tox for the year? Round your answer to the nearest cent