Exercise 11-11 a-b Coronado Company has the following data for the weekly payroll ending January 31. Hours M Federal Income Tax Withholding $32 Health Insurance 9 Employee L. Helton R. Kenseth D. Tavaras $11 T 8 9 10 W 8 8 8 T 7 8 8 Hourly Rate $12 14 15 F 10 7 8 S 2 5 0 40 8 10 54 25 Employees are paid 1.5 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 7.65% on the first $127,200 of gross earnings. Coronado Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings. Your answer is partially correct. Try again. Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) CORONADO COMPANY Payroll Register For the Week Ending January 31 Earnings Deductions Employee Total Hours Overtime Gross Pay FICA Taxes Federal Income Taxes Health Insurance Net Pay XERR L. Helton R. Kenseth D. Tavaras 52.79 Totals Prepare the journal entries to record the payroll and Coronado's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 15.25.) Date Account Titles and Explanation Debit Credit Jan. 31 Salaries and Wages Expense FICA Taxes Payable Federal Income Taxes Payable Health Insurance Payable Salaries and Wages Payable (To record payroll) Jan. 31 TFICA Taxes Payable ICOT Itu Federal Unemployment Taxes Payable State Unemployment Taxes Payable FICA Taxes Payable (To record payroll tax expense.)