During 2016, Ed Bailey earned a monthly salary of $23,000. Ed's income tax rate was 35%. FICA tax was levied at a 6.2% rate (Social Security) on the first $118,500 of annual earnings and a 1.45% rate (Medicare) was applied to all annual carnings. The combined FUTA/SUTA tax rate was 6.0% on the first $7,000 of annual earnings. Ed was employed as of January 1, 2016. For June 2016, what was Ed's net pay and what was his employer's payroll tax obligation: Payroll Grous Pay (a) 13,494.30 420.00 Income 5290 (b) 13,190.50 2.179.50 Tax (c) 14,399.50 970.50 FICA (d) 13.190.50 1.759.50 Medios 333.5 (e) 14.399.50 Reneb E Net Pay Ed 23,000 Tax 7347 ss Tax 7 550.50 Medicare FUTA /sut (b Ceiling 11.0,100 110.1 23,000 x6 = 138,6 (c)