At the end of the first quarter of 201X, you are asked to determine the FUTA tax liability for Franklin Company. The FUTA tax rate is 0.6% on the first $7,000 each employee earns during the year (assuming 13 weeks for the first quarter and each employee earned the same gross weekly pay for all 13 weeks).

Employee	Gross Pay Per Week
P.Franklin	$740
0.Hienze	840
Q.Roberts	620
R.Waters	390