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On Apri 30, Quality Fumiture Company prepared its state unempioyment tax return for the first quarter of the yeat. The firm had taxable wages of

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On Apri 30, Quality Fumiture Company prepared its state unempioyment tax return for the first quarter of the yeat. The firm had taxable wages of $85,000. Because of a favorable experience rating. Quality pays SUTA tax at a rate of 1.4 percent. How much SUTA tax did the firm owe for the quarter? (Round "SUTA tax rate" onswer to 3 decimal places. l.e. 12.3\% should be entered os 0.123.)

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