30. Banner Company had the following payroll data for the year: Gross earnings of employees $900,000 Employee earnings not subject to Social Security tax 100,000 Employee earnings not subject to FUTA or SUTA tax 610,000 Assume the following: FICA tax rate on first 7.65% (1.45% over $110.100) $110,100 State Unemployment tax rate 5.4% (SUTA) Federal Unemployment tax .8% (FUTA) rate Instructions Compute Banner's payroll tax expense for the year. Make a summary journal entry to record the payroll tax expense