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Tom's gross pay for the week is $800. Tom's yearly pay is under the limit for OASDI. Assume that the rate for state and federal

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Tom's gross pay for the week is $800. Tom's yearly pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is 6.2%, and that Tom's pay year-to-date has previously exceeded the $7,000 cap. How much is the total amount of payroll taxes that Tom's employer must record as payroll tax expenses

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