3. Lilac’s Craft Warehouse has created a journal entry to accrue the payroll to be paid out in the following period. The accrual amounts are as follows:

Wages and Salaries Expense $42,795.00 Federal Income Tax Payable $6,234.00 Social Security Tax Payable 2,653.29 Medicare Tax Payable 620.53 State Income Tax Payable 1,626.21 Wages and Salaries Payable 31,660.97 What would be the reversing entry?