According to a summary of the payroll of Guthrie Co., $710,000 was subject to the 6.0% social security tax and the 1.5% Medicare tax. Also, $46,000 was subject to state and federal unemployment taxes.

	Required:
A.	Calculate the employers payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%.
B.	On December 31, journalize the entry to record the accrual of payroll taxes. Refer to the Chart of Accounts for exact wording of account titles.