For the year ended December 31, 2022, Denkinger Electrical Repair Company reports these summary payroll data.

Denkinger's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.6% 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 dollar data.

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Gross earnings: Administrative salaries Electricians' wages Total Deductions: FICA taxes Federal income taxes withheld State income taxes withheld (3%) United Fund contributions payable Health insurance premiums Total $200,000 370,000 $570,000 $ 38,645 174,400 17,100 27,500 17,200 $274,845