Donner Company began its operations in September of the current year. During September, the company paid wages of $21,400. For the last quarter of the year, the taxable wages paid amounted to $62,400. None of the employees was paid more than $7,000 this year.

a. Is Donner Company liable for FUTA tax this year?

b. If your answer to part a above is "Yes", what is the net FUTA tax for the year? Round your answer to the nearest cent.