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Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare, Federal Income Tax Withholding $7,600, State Income Tax Withholding $
Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare, Federal Income Tax Withholding $7,600, State Income Tax Withholding $ 1,900; 401K plan withholding $1,000; Health Care Insurance Premium Withholding $1,500. If the FUTA rate is 0.6% and the SUTA rate is 5.4%, what is the total payroll tax for the week?
Group of answer choices
$5,052
$5,187
None of these is correct.
$228
$2,907
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