The Current FUTA Tax Rate Is 0

Multiple Choice

The current FUTA tax rate is 0.6%,and the SUTA tax rate is 5.4%.Both taxes are applied to the first $7,000 of an employee's pay.Assume that an employee earned total wages of $2,900 in the current period and had cumulative pay for prior periods of $5,800.What is the amount of unemployment taxes the employer must pay on this employee's wages for the current period?

A) $420.00.
B) $348.00.
C) $72.00.
D) $174.00.
E) $0.00.