Colin Street Body Shop has the following information for the pay period ending March 31st: Federal Income Employee Name Pay Rate Hours Worked YTD Earnings Tax Withheld J. Smith $2,500 Salary $27,500 $4,125 M. Jones $15/hr 45 $7,200 $1,080 Assume the Following: FICA-SS Tax Rate is 6.2% FICA-Medicare Tax Rate is 1.45% FUTA Tax Rate is 0.6% on the first $7,000 of wages paid SUTA Tax Rate is 5% on the first $9,000 of wages paid From the information provided above, what would be the amount of Wage Expense recorded?