Problem:
The Royale Corporation payroll for the first week in January was $15,000. The amount of income tax withheld was 20 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively.
Required:
Question: The amount of the employees' withholding taxes are:
a. $4,950.
b. $4,200.
c. $3,000.
d. $5,100.
Note: Please provide through step by step calculations.