7. Northwestern Company sells four tires to Andrew Weasely. Each tire retails for $190 for total sales $760 and is subject to sales tax of 5% and federal excise tax of 10%. NorthwesternCompany's journal entry to record the transaction is 8. Moonbeam Company nas tne tollowing monthly payroll tor June z01 Total salaries Salaries subject to FICA taxes (6.2% + 1.45%) Salaries subject to FUTA (0.8%) and state unemployment taxes (2.7%) Income taxes withheld $216,000 216,000 56,000 19,500 2 The total employer's payroll tax expense for this period is: (0.062+0.0145) - x (0.027 + 0.008