Ex: 4 Santa Barbara Express has 4 sales employees, each of whom earns $5,000 per month and is paid on the last working day of the month. Each employee's wages are subject to FICA social security taxes of 6.2% and employe $110 for each employee. Medicare taxes of 1 .45% on all wages, withholding for each e also includes federal income tax of 16% and monthly medical insurance premiums of Prepare the general journal entry to accrue the monthly sales salaries expense at January 31 unemployment taxes of 0.6% of the first $7,000 paid each employee, and state unemployment employer's payroll taxes at January 31 for Santa Barbara Express. (Assume that none of the . a. b. The employer payroll taxes for Santa Barbara Express include FICA taxes, federal taxes of4.0% of the first $7,000 paid to each employee. Prepare the journal entry to record the employees has reached the unemployment limit of $7,000.)