For the First Quarter of 2008, Denton Toys Paid Total

Short Answer

For the first quarter of 2008, Denton Toys paid total wages of $175,000.38. The company withheld $26,500 for federal income tax. All wages paid were subject to Social Security and Medicare taxes. If during the quarter Denton Toys had deposited $50,000 toward its taxes due, how much would be required to send in with its first-quarter Form 941?​