Gene's gross pay for the week is $1,400. His yearly pay is under the limit for OASDI

His yearly pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is 6% and that Gene's year-to-date pay has previously exceeded the $7,000 cap. His yearly pay is under the limit for OASDI. What is the total amount of payroll taxes that Gene's employer must record as payroll tax expenses? (Do not round your intermediate calculations. Assume a FICA – OASDI Tax of 6.2% and FICA – Medicare Tax of 1.45%.)

A) $86.80
B) $58.80
C) $20.30
D) $107.10

D .