A company has 10 employees, each of whom earns $1,600 per month and has been employed since January 1 . All wages for this period are subject to 6.2% FICA Social Security taxes and 1.45% FICA Medicare taxes. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Prepare the February 28 journal entry to tecord the February payroll taxes expense. Note: Round your answers to 2 decimal places. Journal entry worksheet