Determine annual cost for a salaried employee given the following information. Assume the employee takes full advantage of the 401(k) benefit. Wages $80,000 Bonus $10,000 Allowances $500 per month for vehicle Social security 6.2% of wages to $84,900 Medicare 1.45% of wages FUTA 0.8% of wages to $7,000 SUTA 3.0% of wages to $7,000 Workers' Compensation $4.25 per $100 of wages State withholding 8.0% of wages Federal withholding 26.0% of wages Performance bond $4.00 per $1,000 of contract General liability 1.02% of wages 401(k) 100% match up to 6%of wages Health insurance $175 per month Hours worked 2.280 hours Annual vacation days 25 days Normal time 40 hours per week Overtime Paid 1.5 times normal time rate $115,841 $146.441 $122.852 $131,520 Unable to calculate. More information needed