Question 2 0 / 4 pts Kaye Company has a January payroll of $1,450,000. For the month of January, none of Kaye's employees had taxable earnings in excess of $7,000. Kaye is subject to a FUTA tax of 6.0% and a state unemployment rate of 5.4%. However, because of stable employment experience, Kaye's state unemployment tax rate was reduced to 3%. What is the total amount of federal and state unemployment tax cost for Kaye Company? 0 $130,500 Correct Answer O $52,200 0 $87,000 You Answered $55,100