An employee earned $4,600 in February working for an employet. Cumulative earnings of the previous pay periods are $4,800. The Federal Insurance Contributions Act (FICA) tax rate for Social Security is 6,2\% of the first $137,700 of earnings each calendar year and the Federal Insurance Contributions Act (FICA) tax rate for Medicare is 1.45\% of all eamings. The current Federal Unemployment Taxes (FUTA) tax rate is 0.6\%, and the State. Unemployment Taxes (SUTA) tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount the employer should record as payroll taxes expense for the month of February? Mutiple Cholce $58190 $11000 $351.90 548390 $23000