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For each of the described pay periods, determine the taxableearnings subject to FUTA tax:NOTE: For simplicity, all calculations throughoutthis exercise, both intermediate and final, should be rounded totwo decimal places at each calculation.A business employs two individuals, whose taxable earnings todate (prior to the current pay period) are $3,000 and $31,400.During the current pay period, these employees earn $3,300 and$1,450, respectively. Taxable earnings subject to FUTA tax:
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