1. Eric, an employee of sam’s club, earned $ 120000 in 2016. The taxable wage base in 2016 is $ 118500 How much FICA tax should Eric pay in 2016? Please answer the following two questions ?
a) $9180
b) $9065.25
c) $9087
d) $8789
2. How much federal unemployment tax should been on behalf of Eric in 2016 ?
A) $7440
B) $434
C) $7200
D) $420