Gabrien is a full-time exempt employee at a local electricity cooperative. He earns an annual salary of $55,230 and is paid biweekly. He contributes 3% of his earnings to his 401(k) account and has no other pre-tax deductions. What is his Social Security tax deduction for each pay period? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Multiple Choice $127.45 $127.75 $131.70 $132.45