Consider the following information for Aim Company for the payroll of April 9: (Click the icon to view the payroll.) (Click the icon to view the payroll tax expense at the previous earnings.) If L. Peter earned $3,200 for the week instead of $300, what effect would this change have on the total payroll tax expense? (Round to the nearest cent as needed.) Total Company Payroll Taxes FICA - OASDI FICA - Medicare FUTA SUTA Total 67 if L. Peter Earns $250/week 117.80 27.55 7.80 70.20 223.35 Total Company Payroll Taxes if L. Peter Earns $3,200/week Data table Employee Cumulative Earnings Before Weekly Payroll Gross Pay for the Week U. Acorn $ 3,500 $ 900 B. Hay 6,600 700 L. Peter 8,000 300 The FICA tax rate for OASDI is 6.2% on the first $127,200 earned, and Medicare is 1.45% on all earnings. Federal unemployment tax is 0.6% on the first $7,000 earned by each employee. The SUTA tax rate for Aim Company is 5.4% on the first $7,000 of employee earnings for state unemployment purposes. Reference Based on this information, Aim Company's payroll tax expense for the April 9 payroll was as follows: Payroll taxes Earnings $250/week FICA-OASDI $ 117.80 FICA - Medicare 27.55 FUTA SUTA Total 7.80 70.20 $ 223.35