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This is the Payroll summary report for ABC company, a monthly depositor, for the month...

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Accounting

This is the Payroll summary report for ABC company, a monthly depositor, for the month of June 20xx.

gross wages: $40,000

FIT withheld: $4000

SS withheld: $2480

MC withheld: $580

state: $1200

What is the correct amount of the 941-deposit ?

1. $11,320

2. 10, 120

3. $8,260

4. $7,060

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