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Roxy Co., which has a taxable payroll of $800,000, is subject to FUTA tax of 6.2% and a state contribution rate of 5.4%. However, because

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Roxy Co., which has a taxable payroll of $800,000, is subject to FUTA tax of 6.2% and a state contribution rate of 5.4%. However, because of stable employment experience, the company's state rate has been reduced to 2%. What is the total amount of federal and state unemployment tax for Roxy Co.? Select one O 1. $93,600 O 2. $65,600 O 3. $32,000 O 4. $22,400

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