CALCULATING PAYROLL TAXES EXPENSE AND PREPARING JOURNAL ENTRY Selected information from the payroll register of Ebeling's Dairy for the week ended July $7,20--,$ is shown below. The SUTA tax rate is $5\mathrm{.}4\%,$ and the FUTA tax rate is $0\mathrm{.}6\%,$ both on the first $$7,000$ of earnings. Social Security tax on the employer is $6\mathrm{.}2\%$ on the first $$128,400$ of earnings, and Medicare tax is $1\mathrm{.}45\%$ on gross earnings.

Taxable Earnings

$\backslash$table$[[$Employee Name,$\backslash$table$[[$Cumulative Pay$],[$Before Current$],[$Earnings$]],\backslash$table$[[$Current$],[$Weekly$],[$Earnings$]],\backslash$table$[[$Unemployment$],[$Compensation$]],\backslash$table$[[$Social$],[$Security$]]],[$Click$,$ Katelyn,$$6,650,$$$800,,],[$Coombs$,$ Michelle,$6,370,720,,],[$Fauss$,$ Erin,$33,460,1,200,,],[$Lenihan$,$ Marcus,$6,930,900,,],[$McMahon$,$ Drew,$127,050,4,440,,],[$Newell$,$ Marg,$35,470,1,110,,],[$Stevens$,$ Matt,$38,675,1,260,,]]$

REQUIRED

Calculate the total employer payroll taxes for these employees.

Prepare the journal entry to record the employer payroll taxes as of July $7,20--.$