Lauer Company started its business on July 25, 2017. On August 11, it paid wages for the first time and accumulated a tax liability of $48,000. On Friday, August 18, it incurred a tax liability of $52,000. How is Lauer Company treated as a depositor?

a. Monthly because new companies do not have a lookback period.

b. Semiweekly because its accumulated tax liability is $100,000.

c. Monthly because its accumulated tax liability is not more than $100,000 on any one day.

d. Semiweekly for this pay period only and then monthly for the remainder of the year.