Lee Company Has the Following Information for the Pay Period

Multiple Choice

Lee Company has the following information for the pay period of December 15-31: $$\begin{array} { l r l r } \text { Gross payroll } & \$ 16,000 & \text { Federal income tax withheld } & \$ 4,000 \\\text { Social security rate } & 6 \% & \text { Federal unemployment tax rate } & 0.8 \% \\\text { Medicare rate } & 1.5 \% & \text { State unemployment tax rate } & 5.4 \%\end{array}$$
Assuming no employees are subject to ceilings for taxes on their earnings, Salaries Payable would be recorded for

A) $16,000
B) $9,808
C) $10,800
D) $11,040