The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:

Salaries:
Sales salaries	$350,000
Warehouse salaries	182,000
Office salaries	136,000
	$668,000
Deductions:
Federal income tax withheld	$117,000
Social security tax withheld	40,080
Medicare tax withheld	10,020
Retirement savings	14,696
Group insurance	12,024
	$193,820
Tax rates assumed:
Social security	6%
Medicare	1.5%
State unemployment (employer only)	5.4%
Federal unemployment (employer only)	0.6%