A companys employees had the following earnings records at the close of the current payroll period:

The companys payroll taxes expense on each employee's earnings includes: FICA Social Security taxes of 6.2% on the first $84,900 plus 1.45% FICA Medicare on all wages; 0.8% federal unemployment taxes on the first $7,000; and 2.5% state unemployment taxes on the first $7,000.
Compute the employers total payroll taxes expense for the current pay period.

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Earnings Through Eamings this Emplovees D. Adams J. Hess R. Lui T. Morales Prior Pay Period Pay Period $11,300 $3,900 2,500 3,100 1,400 3,000 6,100 9,500 4,800 10,000 L. Vang