entire payroll is subject to Social Security and Medicare taxes. Champaign must also withhold $6,600 in federal income tax from the employes and unemployment tax of $75. Assume that the Social Security tax rate is 6.2%, and Medicare tax rate is 1.45%. Required: Provide the necessary journal entries for Champaign to record these payroll taxes. If an amount box does not require an entry, leave it blank. When reaired your answers to two decimal places