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Airline Accessories has the following current assets: cash, $104 million; receivables, $96 million; inventory, $184 million; and other current assets, $20 million. Airline Accessories has the following liabilities: accounts payable, $102 million; current portion of long-term debt, $37 million; and long-term debt, $25 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.) During January, a company incurs employee salaries of $2.0 million. Withholdings in January are $153,000 for the employee portion of FICA, $300,000 for federal income tax, $125,000 for state income tax, and $20,000 for the employee portion of health insurance (payable to Company B). The company incurs an additional $124,000 for federal and state unemployment tax and $60,000 for the employer portion of health insurance. Required: 1.-3. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).)