An extract from the trial balance of Paragon Corporation at December 31, 2019 is reproduced below:

		Amount in unadjusted trial balance	Amount in adjusted trial balance
a.	Salaries expense (J. Smith)	$50,000	$52,000
b.	Employee income taxes payable	$0	$500
c.	FICA Social Security taxes payable	$0	$248
d.	FICA Medicare taxes payable	$0	$ 58

Additional information: Employees pay 6.2% of their gross salaries to Social Security and 1.45% of gross salaries to Medicare. The company matches employees Social Security and Medicare contributions 1 to 1.

1. Prepare the adjusting entry that was posted to record the salary payable.
2. Prepare the adjusting entry that was posted to record the companys payroll expenses.
3. Prepare the journal entries to record the payments on January 5, 2020 to employee J. Smith and the Internal Revenue Service.