Question $19$

$\frac{0}{3}$ pts

The next $5$ questions on payroll use the following data: Wishing Well Works makes outdoor statuary, and operates in the state of Washington. Payroll taxes consist of FICA $(8\%$ collected from workers and $8\%$ collected from the employers, up to an annual wage limit of $$120,000),$ and Federal Income Tax at the flat rate of $20\%.$ Also the FUTA tax rate is $1\%,$ with an annual wage limit of $$100,000.$

The company has only one employee who earns a monthly salary of $$100,000.$

What is the salary expense for the month of January?