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Mission Company has three employees: Gross pay through July Gross pay for August Smith $2,500 $2,300 Cain 28,400 4,800 Clark 95,900 14,400 The company is
| Mission Company has three employees: |
| Gross pay through July | Gross pay for August | |
| Smith | $2,500 | $2,300 |
| Cain | 28,400 | 4,800 |
| Clark | 95,900 | 14,400 |
The company is subject to the following taxes:
| Tax | Rate | Applied to |
| FICA Social security | 6.2% | First $106,800 |
| 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 Smith? |
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