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Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $5,740. The

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Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $5,740. The Federal Insurance Contributions Act (FICA) tax for social security is 6.2% of the first $137700 earned each calendar year, and the Federal Insurance Contributions Act (FICA) tax rate for Medicare is 1.45% of all eamings for both the employee and the employer. The amount of federal income tax withheld from his earnings was $80070. What is the total amount of taxes withheld from the Trey's earnings? Multiple Choice $1,678.62 $883.90 $1,156.46 $1,23981 $80070

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