Coronado Company has the following data for the weekly payroll ending January 31. Hours Employee M Cumulative Earnings (Jan. 1- 24) T Hourly Rate w TF Federal Income Tax Withholding $33 S Health Insurance L. Helton 8 7 8 7 11 3 $12 $10 $1,440 R Kenseth 7 8 7 8 7 4 14 40 27 1.722 D. Tavaras 9 10 8 9 8 0 15 58 27 1.800 Employees are paid 1% times the regular hourly rate for all hours worked in excess of 40 hours per week. The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, s. 1525) Earnings Employee Total Hours Regular Overtime L. Helton 44 480 $ 72 $ R. Kenseth 41 560 21 D. Tavaras 44 600 90 Totals $ 1640 183 Prepare the payroll register for the weekly payroll (Round answers to 2 decimal places, eg. 15-25) CORONADO COMPANY Payroll Register For the Week Ending January 31 rnings Taxable Earnings Gross Pay Cumulative Earings Social Security Medicare 552 1992 552 581 2303 581 690 2490 690 $ 6785 $ 1.823 1823 $ Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, s. 15.25) 31 Deductions Medicare FICA Taxes Federal Income Taxes Health Insurance 552 42.23 33 10 581 44.45 40 27 690 52.79 58 27 1823 139.46 $ 132 64 Prepare the payroll register for the weekly payroll (Round answers to 2 decimal places, ag. 15.25) Deductions deral Income Taxes Health Insurance Total Net Pay 33 10 $ 85.23 466 77 40 27 111.45 469.55 58 27 13779 552.22 131 64 $ 33446 1,488.54 Prepare the journal entry to record the payroll. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, c.g. 15.25.) Date Account Titles and Explanation Debit Credit Jan. 31 frald