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Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,288, FICA tax

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Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,288, FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%. The FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The amount of Federal Income Tax withheld from his earnings was $1,375.17. What is the amount of the employer's payroll taxes expenses for this employee? $2,009.21 $1,131.31 $2,506.48 $420.00 $1,054.04

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