On January 1, 2021, your company hired 10 full-time workers at $40,000 annual salaries (each). These workers qualify for the maximum 40% Work Opportunity Tax Credit. Given this information, and the knowledge that your company will want to claim the WOTC credit, please provide the following calculations:

a) Total WOTC that will be claimed by your company.

b) Total tax deduction your company will claim for the salaries paid to these workers in 2021?