USE THE FOLLOWING INFORMATION FOR QUESTIONS #16-17: R&R's payroll information for December 20X1 is as follows: Payroll paid Bi-Monthly Payroll Amount $168,000 For the period December 15th - December 31st Federal Income Tax Rate 13.23% State Income Tax 3.78% FICA - Employee's portion 7.65% FICA - Employer's portion 7.65% FUTA - Employer's 0.80% SUTA - Employer's 1.10% Pay day for the employees falls on the first Friday in January of the next year. Payroll taxes are due January 15th of the next year