A company's payroll information for the month of May follows:

Administrative salaries $2,000 Sales salaries 3,500 Shop wages 4,000 FICA Social Securitywithheld 300 FICA Medicare taxes withheld 400 Federal income taxes withheld 1,300 Medical ins premiums withheld 415 Union dues withheld 205

On May 31 the company issued Check No. 335 payable to the Payroll Bank Account for the May payroll. It issued payroll checks to the employees after depositing the check.

The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7,000 paid to each employee.Assume this is the first month of operations and no employees are close to reaching the $7,000 limit.Prepare the journal entry to record the employer's payroll taxes