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For the year ended December 31, 2022.Lily Electrical Repair Company reports the following summary payroll data, Gross earnings Administrative salaries Electricians' wages $212.000 378,000 Total $590.000 Deductions FICA taxes $39,648 186.500 17.700 Federal income taxes withheld State income taxes withheld (3%) United Fund contributions payable Health insurance premiums 28.465 16,500 Total $288.813 Lily's payroll taxes are Social Security tax 6.2%, Medicare tax 145%, state unemployment 25% (due to a stable employment record). and 0.6% federal unemployment Gross earnings subject to Social Security taxes of 6.25 total $501.500, and gross earnings subject to unemployment taxes total $149,000. No employee exceeds the $132.900 limit related to FICA taxes and 0.6% federal unemployment Gross earnings subject to Social Security taxes of 6.25 total $501.500 and gross earningstject to unemployment takes total $149.000. No employee exceeds the 5132.900 limit related to FICA taxes (a) Prepare a summary journal entry at December 31 for the full year's payroll Journalize the adjusting entry at December 31 to record the emelovers payroll taxes (b) (Rourid answers to decimal places, es 125. Credit account titles are automatically indented when amount is entered Do not hudent manuales No. Account Titles and Explanation Debit Credit cal (c) The W-2 Wage and Tax Statement requires the following dollardata Complete the required data for the following employees. (Round answers to decimal places, es 5.275) Employee Federal Income Tax Withheld Wages, Tips Other Compensation FIC State Income Tax Withheld FICA Wages $ $ $ Maria Sandoval $56,000 $27.440 Jennifer Mingenback 24,000 9,360