The total wage expense for Edgar Co. was $152,000. Of this total, $33,000 was above the FICA Social Security wage base limit and not subject to this tax. All earnings are subject to FICA Medicare taxes, and $60,000 was above the federal and state unemployment wage base limits and not subject to unemployment taxes. Please calculate and journalize the total payroll tax expense for Edgar Co. given the following rates and wage base limits: View the rates and wage base limits. Calculate the total payroll tax expense for Edgar Co. (Round your answer to the nearest cent.) In Person CRN 41310 apter 7H K Rates and Wage Base Limits a. FICA tax rate: Social Security, 6.2% with a wage base limit of $142,800; Medicare, 1.45% with no wage base limit b. State unemployment tax rate: 5.7% with a wage base limit of $7,000 c. Federal unemployment tax rate: 0.6% with a wage base limit of $7,000