2. The following information about the payroll for the week ended December 30 was obtained from the records of Venon Co. Tax rates assumed: - Social security, 6% - Medicare, 1.5% - State unemployment (employer only), 5.4\% - Federal unemployment (employer only), 0.8\% Problem 2 Instructions: a. Assuming that the payroll for the last week of the year is to be paid on December 31 , journalize the following entries: i. December 30, to record the payroll. ii. December 30, to record the employer's payroll taxes on the payroll to be paid on December 31 . Of the total payroll for the last week of the year, $48,000 is subject to unemployment compensation taxes. b. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journalize the following entries: i. December 30, to record the payroll. ii. January 5, to record the employer's payroll taxes on the payroll to be paid on January 5. Since it is a new fiscal year, all $780,000 in salaries is subject to unemployment compensation taxes