36:4 Gook On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $12,860 of federal income taxes, $1,340 of medical insurance deductions, and $940 of union dues. No employee earned more than $7,000 in this first period. Required: 1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis's merit rating reduces its state unemployment tax rate to 2% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.60% (Round your answers to 2 decimal places.) Regis Company's BAW FICA-Social Security January & earnings subject to tax Tax Rate Tax Amount FICA-Medicare t net FUTA SUTA Gree 1.2 Prepare the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities (Round your answers to 2 decimal places.) View vansaction list Journal entry worksheet Exam Saved 17 1.2 Prepare the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities. (Round your answers to 2 decimal places.) View transaction list 03:20:26 Epped Journal entry worksheet 1 Record the employee payroll expenses and liabilities for the first weekly pay period of the year. eBook Prim Note: Enter debits before credite Date Jan 08 General Joumal Debit Credit Record entry Clear entry Mese general journal >