Mighty Machinery Company The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee vwithout dependents, $350; employee with one dependent, $450; employee with muitiple dependents. $550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month $40 from an employee vithout dependents, $80 from an employee with ane dependent and $100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of $300 per year for an employee vith no dependents, 5450 per year for an employee vith one dependent, and s600 per year for an employee with multiple dependents. The organization pays 80% of all medical bills in excess of the deductible. Refer to the above information on the Mighty Machinery Company. The Mighty Machinery Company has 20 employees. Assume the company stopped paying for health benefits for employees dependents. Compute the amount the company would pay this year in health premiums to cover only its employees.