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Holly worked for two different employers. Until May, he worked for Hooters Construction in Ames,...

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Finance

Holly worked for two different employers. Until May, he worked for Hooters Construction in Ames, Iowa and earned $22,010. The state unemployment rate for Hooters is 4.6%. He then changes jobs and worked for Valdez Construction in Topeka, Kansas, and earned $28,720 for the rest of the year. The state unemployment rate for Valdez is 5.1%. Determine the unemployment taxes (FUTA and SUTA) that would be paid by each company. Round your answer to the nearest cent.

Hooters Company $_______ Valdez $______

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