consider the following information for Ali Company for the payroll of April 9

Consider the following information for Au Company for the payroll of Apal 9 Yew the partall. When the company's SUTA tax rale was 57%, its payroll tax fiability for the April 9 payroll was calculated as follows View parments with a SUTA tax rate of 57% Now absume the state changed Ai Compary's SUAA tax rate to 3.8%. What eflect would this change have on the tocal payroll tax eapense? (Round to the nearest cent as needed) Payments with a SUTA tax rate of 5.7% Payroll The FiCA Social Security tax rate is 6.2% on the fors $142,800 earned. and FicA Medicare is 1.45% en all earnings. Federat unemployment lax is 0.6% on the first $7,000 earned by each enployse