For each of the following independent circumstances calculate both the FUTA and SUTA tax owed by the employer: NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1:An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date (prior to the current pay period) are $5,100 and $6,900. During the current pay period, these employees earn $1,700 and $2,650, respectively. The applicable SUTA tax rate is 1.5%, and the U.S. Virgin Islands SUTA threshold is $23,000. FUTA tax = $ SUTA tax = $

2:An employer in Newark, New Jersey, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $26,200, $30,700, and $6,850. During the current pay period, these employees earn $3,200, $2,750, and $1,620, respectively. The applicable SUTA tax rate is 3.4%, and the New Jersey SUTA threshold is $32,600. FUTA tax = $ SUTA tax = $

3:An employer in Cincinnatti, Ohio employs two individuals, whose taxable earnings to date (prior to the current pay period) are $4,900 and $7,700. During the current pay period, these employees earn $2,800 and $1,900, respectively. The applicable SUTA tax rate is 2.5%, and the Ohio SUTA threshold is $9,000. FUTA tax = $ SUTA tax = $

4:An employer in Juneau, Alaska employs three individuals, whose taxable earnings to date (prior to the current pay period) are $35,500, $41,300, and $5,200. During the current pay period, these employees earn $3,600, $4,200, and $1,200, respectively. The applicable SUTA tax rate is 2.5%, and the Alaska SUTA threshold is $39,700. FUTA tax = $ SUTA tax = $