70) Lawrence, an employee of Light Inc., has gross salary for March of $4,000. The entire amount is under the OASDI limit of $110,100, and thus subject to FICA. He is also subject to federal income tax at a rate of 18%. Lawrence has a deduction of $320 for health insurance and $80 for United Way. Provide the journal entry to record salaries expense and payroll withholdings. (Assume a FICAOASDI Tax of 4.2% and FICAMedicare Tax of 1.45%.)

71) Lawrence, an employee of Light Inc., has gross salary for March of $4,000. The entire amount is under the OASDI limit of $110,100, and thus subject to FICA. His year-to-date pay has already exceeded the $7,000 cap for FUTA and SUTA. Provide the journal entry to record the employer's payroll taxes. (Assume a FICAOASDI Tax of 6.2% and FICAMedicare Tax of 1.45%.)