Please explain how you determined your answer.

A company has a total payroll of $112,500 for the current month for a its employees. The FICA Social Security rate is 6.2%, Medicare Tax rate is 1.45%, FUTA rate is 0.8% and SUTA rate is 5.4% of gross salary for a employees. No employee's payroll has reached the limit for FICA, however, $25,000 of the payroll is subject to unemployment taxes. In addition, employee Federal Income taxes are 4,500 and employee Medical Insurance deductions are $1500. Given these facts, what is the amount accrued by the company for salaries payable for the current period? O a) $103,893.75 O b) $90,918.75 O c) $97,893.75 O d) $96,343.75 O e) $112,500