During the month of March, Preston Company's employees earned wages of $90,000. Withholdings related to these wages were $6,885 for Social Security (FICA). $14.200 for federal income tax, 56,200 for state income tax, and 5600 for union dues. The company incurred no cost related to these eamings for federal unemployment tax, but incurred $1,300 for state unemployment tax Instructions (a) Prepare the necessary March 31 journal entry to record wages expense and wages payable. Assume that wages earned during March will be paid during April (b) Prepare the entry to record the company's payroll tax expense