ee Financial Services pays employees monthly. Payroll information is isted below for January 2024, the first month of Lee's fiscal ear. Assume that none of the employees exceeded any relevant base of pay, such that all benefit percentages apply to the entire $440,000 payroll. Required: Calculate the income and payroll taxes for the January 2024 pay period. Prepare the appropriate journal entries to record salaries expense and payroll tax expense for the January 2024 pay period. Salaries are not yet paid. Complete this question by entering your answers in the tabs below. Calculate the income and payroll taxes for the January 2024 pay period