2. The payroll of UMPI, Inc. for May 31 is as follows: The total payroll was $150,000. None of the individual wages was greater than $128,400 (social security maximum threshold for 2018). Income taxes withheld from employees totaled $37,500 and union dues withheld was $4,000. Assume FICA tax is 7.65% on employee's wages (6.2% Social Security & 1.45% Medicare tax). Calculate Unemployment tax - 6% FUTA and 5.4% SUTA taxes. No employees have reached the $7,000 maximum wage threshold. A. Prepare the necessary journal entries for the wages paid B. Prepare the employer payroll taxes