Assuming no employees are subject to ceilings for their earnings, Jensen Company has the following information for the pay period of January 15 - 31, 20xx.

Gross payroll	$10,000		Federal income tax withheld	$1,500
Social security rate	6%		Federal unemployment tax rate	.8%
Medicare rate	1.5%		State unemployment tax rate	5.4%

Salaries Payable would be recorded in the amount of:

		$8,500
		$7,130
		$7,670
		$7,750