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During one pay period, your company destributes $137,000 to employees as net pay. The income tax withholdings were 20,300 and the FICA withholdings were $9,033.

During one pay period, your company destributes $137,000 to employees as net pay. The income tax withholdings were 20,300 and the FICA withholdings were $9,033. The total payroll cost to the company for this pay period, excluding any unemployment taxes was:
A)$166,333
B)$157,300
C)175,366
D)137,000

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