Art Parrish, the sole employee of Parrish Sales, has gross salary for March of dollar4,000. The entire amount is under the OASDI limit of dollar106,800, and thus subject to FICA. He is also subject to federal income tax at a rate of 18persentage. The second entry in the payroll cycle to record the disbursement of his net pay should include which of the following? 3 Points Debit to Cash for dollar2,974 Credit to Cash for dollar2,974 Debit to Employee income tax payable of dollar720 Debit to FICA tax payable of dollar306