In this pay, Moss Company deducted OASDI taxes of $5,276.24 and HI taxes of $1,233.95 from the $85,100.90 of taxable wages paid. What is Moss Company's portion of the social security taxes for: Round your answers to the nearest cent.

Problem 8-11 Modified Accelerated Cost Recovery System (MACRS), Listed Property, Limitation on Depreciation of Luxury Automobiles (LO 8.2, 8.4, 8.5) During 2018, Palo Fiero purchases the following property for use in his calendar year-end manufacturing business: Item Manufacturing equipment (7 year) Office furniture Office computer Passenger automobile Date Acquired June 2 September 15 November 18 Cost $38,000 5,400 3,800 (used 90 percent for business) May 31 55,600 Warehouse April 23 Building 170,000 Land 135,000 Palo uses the accelerated depreciation method under MACRS, if available, and does not make the election to expense or take a bonus depreciation Use Form 4562 to report Palo's depreciation expense for 2018 Enter all amounts as positive numbers. If required, round to the nearest dollar. If an amount is zero, enter "o". Click on the following links to access: Depreciation tables Annual automobile depreciation limitations Table 8.1: Recovery Periods for Assets Placed in Service After 1986 Problem 8-11 Modified Accelerated Cost Recovery System (MACRS), Listed Property, Limitation on Depreciation of Luxury Automobiles (LO 8.2, 8.4, 8.5) During 2018, Palo Fiero purchases the following property for use in his calendar year-end manufacturing business: Item Manufacturing equipment (7 year) Office furniture Office computer Passenger automobile Date Acquired June 2 September 15 November 18 Cost $38,000 5,400 3,800 (used 90 percent for business) May 31 55,600 Warehouse April 23 Building 170,000 Land 135,000 Palo uses the accelerated depreciation method under MACRS, if available, and does not make the election to expense or take a bonus depreciation Use Form 4562 to report Palo's depreciation expense for 2018 Enter all amounts as positive numbers. If required, round to the nearest dollar. If an amount is zero, enter "o". Click on the following links to access: Depreciation tables Annual automobile depreciation limitations Table 8.1: Recovery Periods for Assets Placed in Service After 1986