The current Federal Unemployment Taxes (FUTA) tax rate is 0.6\%, and the State Unemployment Taxes (SUTA) tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay. Assume that an employee earned total wages of $9,700. What is the amount of total unemployment taxes the employer must pay on this employee's wages? $523.80. $420.00. $0.00. $582.00. $58.20. Question 19 2 pts A company estimates that warranty expense will be 5% of sales. The company's sales for the current period are $200,000. The current period's entry to record the warranty expense is: Debit Warranty Expense $10,000; credit Estimated Warranty Liability $10,000. Debit Warranty Expense $10,000; credit Sales $10,000. No entry is recorded until the items are returned for warranty repairs. Debit Estimated Warranty Liability \$9,000; credit Warranty Expense \$9,000