pier Computer$$ Company's payroll accountant has submitted her resignation and will be leaving the company in two weeks. The company must decide if it will hire a replacement or outsource the payroll position. The current employee earns a salary of $$45000.$ Medical$$ insurance, employer payroll$$ taxes, and contributions to the pension plan for this position cost $$6500.$ The company has already invested $$28000$ in payroll software. Required annual updates to remain in compliance with all state and federal laws are $$325.$ The company also spends $$1600$ per year in professional development for this position to ensure the employee stays$$ up$-$to$-$date with payroll changes. Computer Company pays its employees weekly. Pier Payroll Professionals will process the$$ company's weekly payroll for $$1600$ per week. This fee also includes preparing all necessary payroll tax$$ returns, reports, and$$ W$-2$s$.$

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