Payroll records for Quittin' Time Inc. included the following amounts: Weekly payroll, March 1 to March 7, 2020 $150,000 Withholdings taxes payable (federal and state) 33,000 Federal unemployment taxes payable 900 State unemployment taxes payable 8,100 FICA taxes payable (employer share) 11,475 FICA taxes payable (employee share) 11,475 Health care premiums payable 10,000 Union dues payable 5,000 Employees are paid weekly, one week after the week worked. What amount would Quittin' Time Inc. recognize as payroll tax expense for the first week of March, based on the payroll information provided above? A) $12,375 O B) $44,475 C) $53,475 D) $20,475