Rick O'Shea, the only employee of Hunter Furniture Company, makes $45,600 per year and is paid once a month. For the month of January, his federal income taxes withheld are $266, state income taxes withheld are $57, social security is 6.2% on a maximum wages of $122,700, Medicare tax is 1.45%, State Unemployment Tax is 5.4%, and Federal Unemployment tax is 0.6%, both on a maximum wages of $7,000 per employee. What is the employer's payroll tax expense associated with Rick's paycheck? Multiple Choice O o oo $518,70