For the year ended December 31, 2017, Denkinger Electrical Repair Company reports the following summary payroll data. Ross earnings:
Administrative salaries ...... $200,000
Electricians€™ wages ......... 370,000
Total .............. $570,000
Deductions:
FICA taxes .............. $ 38,645
Federal income taxes withheld ..... 174,400
State income taxes withheld (3%)... 17,100
United Fund contributions payable... 27,500
Health insurance premiums ..... 17,200
Total ................. $274,845
Denkinger Company€™s payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.8% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $490,000, and gross earnings subject to unemployment taxes total $135,000.

Instructions
(a) Prepare a summary journal entry at December 31 for the full year€™s payroll.
(b) Journalize the adjusting entry at December 31 to record the employer€™s payroll taxes.
(c) The W-2 Wage and Tax Statement requires the following dollardata.

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Federal Incom Stt IncomeFICAFICA Tax Tax Withheld Wages Withheld Wages, Tips, Other Compensation Tax Withheld Complete the required data for the following employees. Gross Earnings $59,000 26,000 Federal Income Tax Withheld $28,500 10,200 Employee Maria Sandoval Jennifer Mingenback