Lightning Electronics is a midsize manufacturer of lithium batteries. The companys payroll records for the November 114 pay period show that employees earned wages totaling $62,000 but that employee income taxes totaling $8,200 and FICA taxes totaling $3,225 were withheld from this amount. The net pay was directly deposited into the employees bank accounts.

REQUIRED:

1. what was the amount of net pay?

2. Assuming Lightning Electronics also must pay $370 of unemployment taxes for this pay period, what amount would be reported as the total payroll costs?