2. (25 pts) Pacific Company has a weekly payroll of $500,000. By the week of November 21, Pacific had the following: Salaries paid to date less than $7,000 Salaries paid to date more than $7,000 but less S 20,000 than $118,000 (social security limit) Salaries paid to date more than $118,000 but less 450,000 than Medicare limit 30,000 Total Payroll for November 21 $500,000 $100,000 is withheld for federal income tax, $15,000 is withheld for state income tax, the social security rate is 6.2% while the Medicare rate is 1.45% Federal unemployment tax is 6.0% while the state portion is 5.4%. a. Record the payroll for November 21. b. Record the employer payroll tax expense for November 21