Cralic Company has 12 employees and operates in Texas. The Form 940 for the previous...
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Cralic Company has 12 employees and operates in Texas. The Form 940 for the previous year contained the following information: 3 255,984.29 Part 2: Determine your FUTA tax before adjustments. If any line does NOT apply, leave blank. 3 Total payments to all employees 4 Payments exempt from FUTA tax Check all that apply: 4a. Fringe benefits 4c. Retirement/Pension 4b. Group-term life insurance 4d. Dependent care 5 Total of payments made to each employee in excess of $7,000 6 Subtotal (line 4 + line 5 = line 6) 12,543.54 4e. Other 5 6. What amount should be entered on line 5? (Assume that all employees had exceeded the FUTA wage base.) O $1,031.91 O $84.000.00 O $159,440.75 O $1,535.91
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