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PeroniCompanypaidwagesof$170,900thisyear.Ofthisamount,$114,000wastaxablefornetFUTAandSUTApurposes.Thestate'scontributiontaxrateis3.1%forPeroniCompany.Duetocashflowproblems,thecompanydidnotmakeanySUTApaymentsuntilaftertheForm940filingdate.Computethefollowing;roundyouranswerstothenearestcent. a. AmountofcreditthecompanywouldreceiveagainsttheFUTAtaxforitsSUTAcontributions: b. AmountthatPeroniCompanywouldpaytothefederalgovernmentforitsFUTAtax: c. Amountthatthecompanylostbecauseofitslatepayments:

  1. PeroniCompanypaidwagesof$170,900thisyear.Ofthisamount,$114,000wastaxablefornetFUTAandSUTApurposes.Thestate'scontributiontaxrateis3.1%forPeroniCompany.Duetocashflowproblems,thecompanydidnotmakeanySUTApaymentsuntilaftertheForm940filingdate.Computethefollowing;roundyouranswerstothenearestcent.
  2. a.AmountofcreditthecompanywouldreceiveagainsttheFUTAtaxforitsSUTAcontributions: b.AmountthatPeroniCompanywouldpaytothefederalgovernmentforitsFUTAtax: c.Amountthatthecompanylostbecauseofitslatepayments:

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