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If an employee has a salary of $50,000 per year, and extra benefits of $7,200 per year, what is the direct cost of this employee

If an employee has a salary of $50,000 per year, and extra benefits of $7,200 per year, what is the direct cost of this employee for the firm considering a Social Security tax of 7.65%? Show your complete calculations. (2 points)

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