Stone Corporation has 19 employees and incurs total wages and salaries expense of $532,000 per year. The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition, Stone provides group health insurance for its entire workforce. The cost of this insurance is $340 per month per employee. 5% Workers compensation insurance Social security and Medicare (employees' share and Employer's share combined) Pension and other postretirement benefits expense (paid by employer) Employee Federal and State withholding taxes Unemployment taxes expense 15.3% 5% 10% 2% Some of the payroll-related expenses incurred by Stone Corporation are mandated by law, rather than negotiated with employees. During the current year, these mandated amounts increased Stone's payroll-related expenses by approximately: Multiple Choice $40,698. $104,538. $77,938. $93,898