The chief executive officer earns $10,040 per month. As of May 31, her gross pay was $50,200. The tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. What is the amount of FICA Social Security withheld from this employee for the month of June? Multiple Choice $269.07 $291.16 $622,48 $7,376.39 $1244.96