Estimate the total payroll costs

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Reference no: EM131070555

The City of Payrolvia has 95 employees. The average annual salary for each employee is $54,000. Their benefit costs are roughly 20% of each salary. They must pay payroll taxes equal to 7% of each salary. They also give each employee an annual bonus of $1,000 (tax free) to help with the cost of parking in downtown Payrolvia.

Estimate the total payroll costs for Payrolvia.

Round your answer to the nearest whole dollar.

Reference no: EM131070555

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