3. Suppose your company has one employee that earns a salary of $5,900 per month and another employee that earned hourly wages that totaled $5,900 for this month, which is the first month of the year. Assume the federal withholding tax rate is 20% and the Colorado withholding tax rate is 5% for both employees. Assume FICA tax is 15.3% and it is split between the employee and the employer. Assume FUTA is .8% of the first $7,000 of wages per employee per year and SUTA is 3% of the first 10,000 of wages per employee per year. Please make the journal entry for this pay day