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ABC pays its employees for work performed during the month. The total wage expense is $ 1 0 0 , 0 0 0 . The

ABC pays its employees for work performed during the month. The total wage expense is $100,000. The Federal Income Tax Rate is 20%, the State Income Tax Rate is 5%, and the FICA Tax Rate is 6%(both the employer and the employee portion).
What is the payroll entry ABC needs to make to record this event?
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