questions: Ronan Inc. has only one employee named Joe Clark. The following information has been compiled to compute Clark's payroll for August: Clark's Gross Pay through July 31 Clark's Gross Pay for August $125,200 $18,000 The following tax rates are in effect: Rate FICA Social Security 6.20% FICA-Medicare 1.45% FUTA 0.60% SUTA 5.40% Federal Income Tax 9.00% There are no state income taxes. Applied To First $127,200 All gross pay First $7,000 First $7,000 All gross pay 7. What amount will Ronan withhold from Clark's August gross pay? a. $2,005 b. $2,425 c. $1,620 d. $1,881