Blossom Co. has a taxable payroll of $1150000. The company is subject to FUTA tax of 6.2% that includes a state contribution rate of 5.4%. However, because of its low employee turnover, it has been granted a reduction in the state rate to 2%. The total amount of federal and state unemployment tax for Blossom Co. pay is

Select an answer from the options below

$34500

$71300

$133400

$32200