Electronics Service Company pays salaries monthly on the last day of the month. The following information is available from Electronics for the month ended December 31 , Year 1 . Assume the Social Security tax rate is 6.0 percent on the first $110,000 of salaries. Duke reached $110,000 before September. His salary in December amounted to $11,000 and is included in the $75,000. No one else will reach the $110,000 amount for the year None of the employee salaries are subject to unemployment tax in December. Assume the Medicare tax rate is 1.5% of total salaries. as follows: Required a. Prepare the journal entry to record the payment of payroll on December 31 , Year 1 . b. Prepare the journal entry to record the payroll tax expense for Electronics Service Company for December Year 1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record the entry for payment of payroll on December 31 , Year 1 . Note: Enter debits before credits. Record the entry for payroll tax expense for Electronics Service Company for December Year 1 . Note: Enter debits before credits