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Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow...

Thomas Longbow is the only employee of Presido, Inc. During the first week of January, Longbow earned $2000.00 and had federal and state income tax withholdings of $100.00 and $37.50, respectively. FICA taxes are 7.65% on earnings up to $117,000. State and federal unemployment taxes for the period are $125.00 and $20.00, respectively. What is Presido's payroll tax expense for the week? Select one: A. $588.50 B. $298.00 C. $435.50 D. $282.50

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