Crane Company has the following data for the weekly payroll ending January $31.$

Employees are paid $1\frac{1}{2}$ times the regular hourly rate for all hours worked in excess of $40$ hours per week. FICA taxes are $7\mathrm{.}65\%($the $7\mathrm{.}65\%$ FICA tax rate consists of the Social Security tax rate of $6\mathrm{.}2\%$ on salaries and wages up to $$128,400$ and the Medicare tax rate of $1\mathrm{.}45\%$ on all salaries and wages$).$ Crane Company is subject to $5\mathrm{.}4\%$ state unemployment taxes and $0\mathrm{.}6\%$ federal unemployment taxes on the first $$7,000$ of gross earnings.

Prepare the journal entry to record Crane's payroll tax expense. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Date Account Titles and Explanation

Debit

Credit