Diablo's Mexican Restaurant incurred salaries expense of $59,000 for 2018. The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment tax. Of the total salaries, $17,000 is subject to unemployment tax. Also, the company provides the following benefits for employees: health insurance (cost to the company, $2,600), life insurance (cost to the company, $360), and retirement benefits (cost to the company, 7% of salaries expense). (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Journaliz Begin with the entry to ac explanations from journal Date Requirements 1. Journalize Diablo's expenses for employee benefits and for payroll taxes. Explanations are not required. 2. What was Diablo's total expense for 2018 related to payroll? X st, then credits. Exclude Print Done urred salaries expense of $59,000 for 2018. The payroll expense includes employer FICA tax, in addition Of the total salaries, $17,000 is subject to unemployment tax. Also, the company provides the following $2,600), life insurance (cost to the company, $360), and retirement benefits (cost to the company, 7% C l tax rate information.) olo's i More Info iablo For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Employer: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OATDI: 6.2% on first $118,500 earned per employee; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned per employee; SUTA: 5.4% on first $7,000 earned per employee. X dits Print Done