20-, are shown, Employees are pald 1V times the regular rote for working over 40 hours a week. Social Security tax is withbeld from the first $128,400 of earnings at the rate of 6.2%. Medicare tax is withineid at the rate of 1.45%, and city carnings tax at the rate of 1\%, both appled to gross pay, Bacon and Leung have $16 withheid and Cole and Ficks have $5 withheld for hoasth insurance. Bacon and Leung have $19 withheld to be Invested in the travel agency's credit union, Cole has $39.25 withiheld and Hicks has $19.25 withheld under a savings bond purchase plan, Mary's Lunury Travel's payroll is met by drawing checks on lis regular bank account. The checks were issued in sequence, beginning with check No, 423. Required: 1. Prepare a payroll regiater for Mary's Luxury Travel for the week ended March 22, 20\%. (In the Taxable Earnings/Unemplayment Compensation colurnin, enter the same amounts as in the Social Security column.) Total the amount columns. If required, round your answers to the nearest cent. 2. Assuming that the wages for the week ended March 22 were paid on March 24, prepare the journal entry forthe payment of the payroll. Page: 1 1. Prepare a payroll register for Mary's Luxury Travel for the week ended March 22, 20-, (In the Taxable Earnings/Unemployment Compensation column, enter the same amountses in the Social Security column.) Total the amount columns. If required, round your answers to the nearest cent