tim's gross pay for this month is $9,050.

His gross

yeartodate

pay, prior to this month, totaled

$112,500.

What is the amount of FICA tax withheld from Tim's pay for this month? (Assume an OASDI rate of

6.2%,

applicable on the first$118,500 earnings, and a Medicare rate of

1.45%,

applicable on all earnings. Do not round any intermediate calculations, and round your final answer to the nearest cent.)

A.

$372.00

B.

$131.23

C.

$503.23

D.

$561.10