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The total payroll of Bart Company for the month of October, 2020 was $950,000, of which $200.000 represented amounts paid in excess of $137.700 to

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The total payroll of Bart Company for the month of October, 2020 was $950,000, of which $200.000 represented amounts paid in excess of $137.700 to certain employees. Of the total payroll, $700,000 represented amounts paid to employees in excess of the $7.000 maximum subject to unemployment taxes. Bart Company withheld $200,000 for federal income taxes and $10,000 for union dues. The state unemployment tax is 2.00%, the federal unemployment tax is 4.00%. and FICA tax is 7.65% (social security is 6.20% and Medicare is 1.45%) with a cutoff for social security tax of $137.700. In the payroll journal entry for the month of October how much cash will Bart Company report it paid to its employees? $664.725 KD $950.000 13 D $679.725. $667/325

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