E10-3 (Static) Recording Payroll Costs [LO 10-2] McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Salaries and wages earned $ 400,000 Employee income taxes withheld 37,000 FICA taxes withheld 28,600 Unemployment taxes 2,780 Required: Book Print erences 1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March. 2. & 3. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. 1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March. 2. & 3. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for company for March Total Labor Cost Reg 2 and 3 Journal entry worksheet