Champaign Inc., a company that provides educational consulting services to large universities across the nation, has a gross payroll of $$52,000$ for the pay period. The entire payroll is subject to Social Security and Medicare taxes. Champaign must also withhold $$6,240$ in federal income tax from the employees and pay state unemployment tax of $$75.$

Assume that the Social Security tax rate is $6\mathrm{.}2\%,$ and Medicare tax rate is $1\mathrm{.}45\%.$

Required:

Provide the necessary journ$$l entries for Champaign to record these payroll taxes. If an amount box does not require an entry, leave it blank. When required, round your answers to two decimal places.

$($Record wages and liabilities$)$