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The total payroll of Trolley Company for the month of October, 2014 was $1040000, of...

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Accounting

The total payroll of Trolley Company for the month of October, 2014 was $1040000, of which $185000 represented amounts paid in excess of $118500 to certain employees. 604000 represented amounts paid to employees in excess of the $6,800 maximum subject to unemployment taxes. $185000 of federal income taxes and $17400 of union dues were withheld. The state unemployment tax is 1%, the federal unemployment tax is .8%, and the current F.I.C.A. tax is 7.65% on an employees wages to $118500 and 1.45% in excess of $118500 What amount should Trolley record as payroll tax expense?

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