The current Federal Unemployment Taxes $($FUTA$)$ tax rate is $0\mathrm{.}6\%,$ and the State Unemployment Taxes $($SUTA$)$ tax rate is $5\mathrm{.}4\%.$ Both taxes are applied to the first $$7,000$ of an employee's pay.

Assume that an employee earned total wages of $$2,960$ in the current period and had cumulative pay for prior periods of $$5,920.$ What is the amount of unemployment taxes the employer

must pay on this employee's wages for the current period?

Multiple Choice

$$420\mathrm{.}00.$

$$355\mathrm{.}20.$

$$64\mathrm{.}80.$

$$177\mathrm{.}60.$

$$0\mathrm{.}00.$