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For the current month's payroll, Atlanta Company employees have $8,000,000 in salaries. $1,200,000 of this income is for employees' first $7,000 of income. The SUT

For the current month's payroll, Atlanta Company employees have $8,000,000 in salaries. $1,200,000 of this income is for employees' first $7,000 of income. The SUT rate is $3.0% and the FUT rate is 0.6%, both on employees' first $7,000 of income. $800,000 of the total salaries are for employees whose salaries exceed $118,500. None of the salaries are for employees with incomes exceeding $200,000. Income taxes withheld are $1,600,000. $500,000 was deducted from employees' pay for health insurance and other benefits. The current FICA tax is 7.65% on salaries up to $118,500 and 1.45% on incomes between $118,500 and $200,000.

Based on the foregoing, what is the total NET salary paid by Altanta, and the total employer's payroll tax expense for the month?

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