Consider the following information for Carter 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 D. Toll earned $2,500 for the week instead of $250, what effect would this change have on the total payroll tax expense? (Round to the nearest cent as needed.) Total Company Payroll Taxes Total Company Payroll Taxes if D. Toll Earns $2,500/week if D. Toll Earns $310/week FICA - OASDI $ 113.15 FICA - Medicare 26.46 FUTA 7.05 63.45 SUTA $ 210.11 Total Employee Cumulative Earnings Before Weekly Payroll Gross Pay for the Week E. Bird $ 3,300 $ 975 Z. Grande 6,800 600 D. Toll 7,700 250 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 Carter Company is 5.4% on the first $7,000 of employee earnings for state unemployment purposes. Based on this information, Carter Company's payroll tax expense for the April 9 payroll was as follows: Payroll taxes Earnings $310/week FICA-OASDI $ 113.15 FICA - Medicare 26.46 FUTA 7.05 63.45 SUTA Total $ 210.11 Consider the following information for Carter 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 D. Toll earned $2,500 for the week instead of $250, what effect would this change have on the total payroll tax expense? (Round to the nearest cent as needed.) Total Company Payroll Taxes Total Company Payroll Taxes if D. Toll Earns $2,500/week if D. Toll Earns $310/week FICA - OASDI $ 113.15 FICA - Medicare 26.46 FUTA 7.05 63.45 SUTA $ 210.11 Total Employee Cumulative Earnings Before Weekly Payroll Gross Pay for the Week E. Bird $ 3,300 $ 975 Z. Grande 6,800 600 D. Toll 7,700 250 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 Carter Company is 5.4% on the first $7,000 of employee earnings for state unemployment purposes. Based on this information, Carter Company's payroll tax expense for the April 9 payroll was as follows: Payroll taxes Earnings $310/week FICA-OASDI $ 113.15 FICA - Medicare 26.46 FUTA 7.05 63.45 SUTA Total $ 210.11