3.00 points Midwest Shipping pays employees at the end of each mnh. Payroll information is listed below for January, the first month of the fiscal year. Assume that none of the employees exceeds the Federal unemployment ximum salary of $7,000 in January Salaries Federal and state income taxes withheld Federal unemployment tax rate State unemployment tax rate (after FUTA deduction) Social Security (FICA) tax rate $1,000,000 60,000 0.80% 5.40% 7.65% Record salaries expense and payroll tax expense for the January pay period. (lf no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) View transaction list view journal entry worksheet Date General Journal Debit Credit Salaries expense 1,000,000 Jan 31 Income tax payable FICA tax payable Salarles payable 160,000 Jan 31 Payroll tax expense FICA tax payable Unemployment tax payable t tax payable