A Company's Employees Had the Following Earnings Records at the Close

A company's employees had the following earnings records at the close of the current payroll period:
$\begin{array}{lll}&\text {Prior Pay}&\text {Earning this}\\ &\text {Earning}\\&\text { through}\\ \text {Employees}&\text {Period}&\text {Pay Period}\\\text { F. Argent } & \$ 11,300 &\$3,900 \\\text { A. Garza} & 6,100 & 2,500 \\\text { L. Hong } & 9,500 & 3,100 \\\text { R. Levinson } & 4,800 & 1,400 \\\text { J. Young } & 10,000 & 3,000\end{array}$

The company's payroll taxes expense on each employee's earnings includes: FICA Social Security taxes of 6.2% on the first $118,500 of earnings plus 1.45% FICA Medicare on all wages; 0.6% federal unemployment taxes on the first $7,000; and 2.5% state unemployment taxes on the first $7,000.Compute the employer's total payroll taxes expense for the current pay period.