Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,260. The FICA tax for social security is 6.2% of the first $127.200 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,325.17. What is the total amount of taxes withheld from the Portia's earnings? (Round your intermediate calculations to two decimal places.) Multiple Choice O $3,09717 O $2,443.21 $1.95706 O $112200 $1722.00 o $1.495.36 The deferred income tax liability: Multiple Choice Arises when income tax expense reported on the income statement exceeds the amount of income taxes payable to the government. Is a contingent liability CO) Arises when income tax expense reported on the income statement is less than the amount of income taxes payable to the government. is never recorded. is recorded whether or not the difference between taxable income and financial accounting income is permanent or temporary