Elrod is an employee of Gomez Inc. During 2018, Elrod receives a salary of $120,000 from Gomez. What amount should Gomez withhold from Elrod's salary as payment of Elrod's social security and medicare taxes?
A) $7,440.00
B) $7,803.40
C) $8,422.65
D) $9,087.00
E) $9,180.00
Correct Answer:
Verified
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