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Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare,...

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Accounting

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Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare, Federal Income Tax Withholding $7,600, State Income Tax Withholding $1,900; 401K plan withholding $1,000; Health Care Insurance Premium Withholding $1,500. If the FUTA rate is 0.6% and the SUTA rate is 5.4%, what is the total payroll tax for the week? $2,907 $5,052 None of these is correct. $5,187 $228

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