#2 (10 minutes; 15 points) Use the information below to answer the following questions related to payroll accounting. Show your work to enable me to provide you with partial credit, and clearly label your answer. X Company has the following payroll during their 2019 fiscal year: Name John Doe Sally Smith Gross Pay $ 32,000 67,000 Mark Johnson 5,000 Shelby Martinez 130,000 66.000 Steven Stroman $ 300,000 The state unemployment tax rate is 3.5% and the federal unemployment tax rate is 1%. The maximum unemployment wages per employee is $7,000 for both the state and federal government. Income tax withholdings of 25% are applied to all employees. The FICA tax rate of 8% is applied to the first $120,000 of each employee's wages for both the employee and the employer. Question 18 5 pts Calculate payroll tax expense for X Company. Show your work to receive partial credit and clearly label your answer. Edit View Insert Format Tools Table 12pt Paragraph BI UAT | 1 Assuming that the employees were paid in cash, but that the payroll liabilities have not yet been paid, prepare all necessary journal entries to record the payment of payroll and the payroll tax expense. Use the insert table tool to help input your