Mission Company has three employees:

	Gross pay through July	Gross pay for August
Smith	$3,100	$2,900
Cain	29,600	5,400
Clark	96,500	15,000

The company is subject to the following taxes:

Tax	Rate	Applied to
FICA Social security	6.2%	First $110,100
FICA Medicare	1.45%	All gross pay
FUTA	.80%	First $7,000
SUTA	5.40%	First $7,000

What are Mission Company's total August payroll taxes for Clark?

rev: 04_07_2015_QC_CS-12791

Multiple Choice

$930.00

$1,060.70

$6,234.75

$1,147.50

$2,077.50