Since the SUTA rates changes are made at the end of each year, the available 2022 rates were used for FUTA and SUTA. Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers. Example 5-10 The following unemployment tax rate schedule is in effect for the calendar year 2023 in State A, which uses the reserve-ratio formula in determining employer contributions: Conrad Company, which is located in State A, had an average annual payroll of $1,150,000 for the three 12 -month periods ending on June 30,2022 (the computation date for the tax year 2023). As of June 30,2022 , the total contributions that had been made to Conrad Company's reserve account, in excess of the benefits charged, amounted to $21,560. Compute the following: a. Conrad Company's reserve ratio for 2022. Round your answer to two decimal places. % b. 2023 contribution rate for the company. Round your answer to one decimal place. % c. Smallest contribution that the company can make in order to reduce its tax rate if State A permits voluntary contributions. d. Tax savings realized by the company, taking into consideration the voluntary contribution made in (c) if the taxable payroll in 2023 is $1,295,000