Boston Flowers, Inc. pays employees every two weeks. The next pay date is January 7, 2020. The following schedule shows information related to payroll as of December 31, 2019. The company's accounts show the following: Salaries and wages earned Employee income taxes withheld Insurance premiums withheld FICA SS payroll taxes FICA Medicare payroll taxes *$5,000 each for employer and employee **$1,000 each for employer and employee $100,000 $12,000 $2,000 $5,000 $1,000 Record employer wages expense and employee related liabilities: Date Account Titles & Explanation 12.31.19 Ref. Debits Credits Record employer tax expense and employer related tax liability: Date Account Titles & Explanation 12.31.19 Ref. Debits Credits VII. Warranty Liabilities - 3 Points Boston Flowers, Inc. sells lawn mowers with a one-year warranty in case the mower needs to be repaired. Assume they sold 10 mowers at $500 each in 2019. Boston Flowers, Inc. historically had to spend on average 2% of total sales for warranty repair. Record the estimated warranty liability. Date Account Titles & Explanation Ref. Debits Credits 12.31.19