Mike Gundy Is a College Football Coach Making a Salary

Mike Gundy is a college football coach making a salary of $2,400,000 a year ($200,000 per month) . Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and a 1.45% Medicare tax with no maximum. Assuming the FICA maximum base amount is $106,800, how much will be withheld during the year for the coach's Social Security and Medicare.

A) $34,800.
B) $41,422.
C) $183,600.
D) None of these amounts is correct