For each of the following independent circumstances, calculate the FUTA 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.

3: An employer in Reno, Nevada, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $8,500 and $3,400. During the current pay period, these employees earn $850 and $725, respectively. FUTA tax = $