How do I calculate this? Please explain and show step by step calculations. Thank you.

Since the SUTA rates changes are made at the end of each year, the available 2020 rates were used for FUTA and SUTA Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers. Example 58 1. The Iqbal Company of Georgia had a FUTA taxable payroll of $215,600 and a SUTA taxable payroll of $255,700 with a 5.6 percent SUTA tax rate. The company would pay unemployment taxes of FUTA $215,600 X 0.006 $ 1,293.60 SUTA $255,700 x 0.056 14,319.20 Total taxes $15,612.80 2. Kresloff Company has only two employees and is located in a state that has set an unemployment tax for the company of 4.8 percent on the first $12,000 of each employee's eamings. Both employees are paid the same amount each week ($900) and have earned $11,500 up to this week's pay. The unemployment taxes that the company must pay for this week's pay would be $48. FUTA tax (both over $7,000) = $0.00 SUTA tax ($1,000 0.048) $48.00 ($500 of each employee's pay is under the state taxable limit of $12,000) Jordan Company was subject to the Alaska state unemployment tax of 4.2%. The company's taxable wages for FUTA were $87.700 and for SUTA, 5205,000. Compute the following: round your answers to the nearest cent. a. SUTA tax that Jordan Company would pay to the state of Alaska b. Net FUTA tax c. Amount of employees' unemployment tax (use the employee's tax rate shown in Figure 5.1)