21. Metro Express has 5 sales employees, each of whom earns $4,000 per month and is paid on the last working day of the month. Each employee's wages are subject to FICA social security taxes of 6.2% and Medicare taxes of 1.45% on all wages, withholding for each employee also includes federal income tax of 16% and monthly medical insurance premiums employee. Seven (7) points f$110 for each a. Prepare t monthly sales salaries expense and the related payroll liabilities for the employee payroll deductions. he January 31 journal entry, including journal entry explanation, to record the b. The employer payroll taxes for Metro Express include FICA taxes, federal unemployment taxes of 0.8% of the first $7,000 paid each employee, and state unemployment taxes of 4.0% of the first $7,000 paid to each employee. Prepare the January 31 journal entry, including journal entry explanation, to record the employer's payroll tax expense and related payroll tax liabilities for the employer. (Assume that none of the employees has reached the unemployment limit $7,000.) Account Titles and Explanation Debit Credit Date