Eagle Corporation reported the following payroll-related costs for March.

Gross pay Social Security & Medicare withheld State income tax withheld Federal income tax withheld Retirement contributions withheld $420,000 32,000 40,000 60,000 32,000 In addition, the company paid group health insurance of $16,000 and federal and state unemployment taxes of $8,000. The company also paid Social Security & Medicare taxes equal to the amount withheld from employees' paychecks (to match those amounts). Required: Prepare the payroll journal entries for March