Jen's Cycle Shop performs maintenance on and sells bicycles and has eight employees who are paid weekly. For one payroll period the withholding tax for all employees was $1762. The total Social Security tax withheld from employees' paychecks was $1063, the employer's share of Social Security tax was $1657, and the total Medicare tax withheld was $367. What is the total tax that must be deposited by Jen?
A) Employer's tax deposit = $4849
B) Employer's tax deposit = $4153
C) Employer's tax deposit = $3786
D) Employer's tax deposit = $5216

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The Answer of Jen's Cycle Shop performs maintenance on and sells bicycles and has eight employees who are paid weekly. For one payroll period the withholding tax for all employees was $1762. The total Social Security tax withheld from employees' paychecks was $1063, the employer's share of Social Security tax was $1657, and the total Medicare tax withheld was $367. What is the total tax that must be deposited by Jen?
A) Employer's tax deposit = $4849
B) Employer's tax deposit = $4153
C) Employer's tax deposit = $3786
D) Employer's tax deposit = $5216

Jen's Cycle Shop Performs Maintenance on and Sells Bicycles and Has