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During one pay period, Star Valley Company distributes $131,500 to employees as net pay. The income tax withholdings were $19,200 and the FICA withholdings were
During one pay period, Star Valley Company distributes $131,500 to employees as net pay. The income tax withholdings were $19,200 and the FICA withholdings were $8,936. Total payroll costs to the company for this pay period, excluding any unemployment taxes, was:
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