Gross payroll for the Company totals $200,000 per week. From this must be withheld Social Security taxes of 6.20% and Medicare taxes of 1.45%. In addition, federal and state income tax withholdings amount to 10.00% of gross payroll.

Compute the total employee compensation expense for one week.

$230,000

$200,000

$215,300

$154,700

$184,700