an Larry Whitney is general manager of Dunes Town Salons. During 2024, Whitney worked for the company all year at a $11,800 monthly salary. He also earned a year-end bonus equal to 5% of his annual salary. Whitney's federal income tax withheld during 2024 was $1,416 per month, plus $1,558 on his bonus check. State income tax withheld came to $90 per month, plus $30 on the bonus. FICA tax was withheld on the annual earnings. Whitney authorized the following payroll deductions: Charity Fund contribution of 2% of total earnings and life insurance of $45 per month. RE $ 148,680 $ 18,550 1,110 Gross pay Withholding deductions: Federal income tax State income tax Employee OASDI tax Employee Medicare tax Charity fund contribution Life insurance Total withholdings 8,240 2.156 2,974 540 33,570 $ 115, 110 Net (take-home) pay Requirement 2. Compute Dunes Town's total 2024 payroll tax expense for Whitney. (Round all amounts to the nearest dollar) 148680 Gross pay 8240 Employer Payroll Taxes: FICA-OASDI FICA-Medicare FUTA 2156 42 378 SUTA Total Employer Payroll Tax Total Payroll Expense 1. Compute Whitney's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. 2. Compute Dunes Town's total 2024 payroll tax expense for Whitney. 3. Make the journal entry to record Dunes Town's expense for Whitney's total earings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate. Credit liability accounts for the payroll deductions and Cash for net pay. An explanation is not required. 4. Make the journal entry to record the accrual of Dunes Town's payroll tax expense for Whitney's total earnings. 5. Make the journal entry for the payment of the payroll withholdings and taxes. Print Done