Thadeus Corp has gross payroll of $330,000 for the month ended June 2019. Of the $330,000, $50,000 exceeds the Social Security limit of $140,000, and $250,000 exceeds the FUTA and SUTA limits of $7,000. Thadeus withholds $65,000 in federal income tax and $19,000 in state income tax. Using the following tax rates: Social security 6.2%, Medicare 1.45%, FUTA 0.8%, and SUTA 1.6%; what is Thadeus' PAYROLL TAX EXPENSE for the month ended June 2019?

Select one:

$108,065

$22,313

$22,205

$15,385

$24,065