3 12 points Save Answer First Street Restaurant incurred salaries expense of $60,000 for the period. The payroll tax expense includes employer FICA tax (Social Security and Madicare), state unemployment tax and federal unemployment tax. Year-to-date eamings do not exceed the maximum taxable amounts for FICA and Medicare. For FICA taxes use all rated published in the text. Of the total salaries, $17,000 is subject to unemployment tax. Currently. state unemployment tax is 5.4% and federal unemployment tax is 0.6%. The employee is subject to 10% Federal taxes, 5% State taxes, and $200 in union dues were subtracted from the employees this period. REQUIRED: In the space provided, prepare the journal entries to record the employee payroll AND the employer's payroll taxes