The payroll for Atkinson Company at the end of March 31, 2013 consists of salaries of $ 50,000. The company portions of CPP and EI contributions are $ 2,475 and $ 1,059 respectively. A total of $ 15,000 in income taxes is withheld. The company also pays a monthly cost of $ 500 for a dental plan for its employees. How much would Atkinson Company record at the end of March regarding its payroll related expenses?

$ 57,992

$ 54,034

None of the other alternatives are correct

$ 72,992

$ 53,534