Entries for Payroll and Payroll Taxes The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.: Salaries: Sales salaries Deductions: $197,000 Income tax withheld $71,280 Warehouse salaries 108,000 Social security tax withheld 24,300 Office salaries 100,000 Medicare tax withheld 6,075 $405,000 Retirement savings 8,910 Group Insurance 7,290 $117,855 Tax rates assumed: Social security, 6% Medicare, 1.5% State unemployment (employer only), 5,4% Federal unemployment (employer only), 0.6% Required: