2 On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $22,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 145% $13,560 of federal income taxes, $1,340 of medical insurance deductions, and $840 of union dues No employee earned more than $7.000 in this first period. Required: 1-a. Calculate below the amounts for each of these four taxes or Regis Company, Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 06% 1-b. Prepare the journal entry to record Regis Companys January 8 employee payroll expenses and liabilities, 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5,4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% 02:20:11 Complete this question by entering your answers in the tabs below. Rog LA Reg 10 Reg2 Calculate below the amounts for each of these four taxes of Regis Company Regis's state unemployment tax rate 1 54% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% (Round your answers to 2 decimal places Regis Company's Reg 1A Reg 1B Reg 2 2:27:55 Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tox rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tox rate is 0.6%. (Round your answers to 2 decimal places.) Tax Regis Company's January 8 Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA Medicare FUTA SUTA Req 1B View transaction list 8 022731 Journal entry worksheet 1 Record the employee payroll expenses and abilities for the first weekly pay period of the year hotel there before credits General Journal Date January Debit Credit Record the employer's payroll expenses and liabilities for the first weekly pay period of the year Note: Enter debits before credits General Journal Date January 08 Dobit Credit