BMX Company has one employee. FICA Social Security taxes are withheld in the amount of $322.40. FICA Medicare taxes are withheld in the amount of $75.40. Federal unemployment taxes are $31.20 and State unemployment taxes are $280.80 for this pay period. Medical Insurance of $242.25 is witheld as requested by the employee and federal income taxes are $607,05. Use this information to record below the journal entry for the employer's payroll tax expense for this first pay period of the year in January. Note: Round your answers to 2 decimal places. Journal entry worksheet Note: Enter debits before credits