[The following information applies to the questions displayed below.] Oaks Company has completed the payroll for the month of January, reflecting the following data:

Salaries and wages earned	$	94,000
Employee income taxes withheld		13,000
FICA payroll taxes*		6,200

*Assessed on both employer and employee (i.e., $6,200 each).

Required: 1-a. What was the total labor cost to the company? Total labor cost 1-b. What was the amount of the employees' take-home pay? Take-home pay