Compute the total payroll related expense incurred by an employer for an employee that earned $3,600 in the current month. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay. The current FICA tax rate for Social Security is 6.2% of an employee's annual earnings up to $132,900 and FICA tax rate for Medicare is 1.45% of the employee's earnings. The employee's year to date earnings prior to the current month were $5.700. In addition, Income tax withholdings are $224; Charitable Contributions are $40 : Medical insurance is a total of $350, half of this amount is paid by the employer and half is paid by the employee. The employer also contributes 3% of the employee's gross pay to a pension fund. 1) $4.374.40 2) $4,414 3) $2,885.60 4) $4,236.40