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Red Mountain,Inc

Question 223

Multiple Choice

Red Mountain,Inc.has the following information from its payroll records: Red Mountain,Inc.has the following information from its payroll records: The employer amount of FICA taxes that Red Mountain is required to pay is equal to the amount that it withholds from its employees.Assume no other payroll taxes are incurred at this time.What is Red Mountain's total expense with regards to this payroll? A) $144,000 B) $153,000 C) $180,000 D) $189,000 The employer amount of FICA taxes that Red Mountain is required to pay is equal to the amount that it withholds from its employees.Assume no other payroll taxes are incurred at this time.What is Red Mountain's total expense with regards to this payroll?


A) $144,000
B) $153,000
C) $180,000
D) $189,000

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