Exercise 13-6 The payroll of Sage Company for September 2016 is as follows. Total payroll was $446,000, of which $106,000 is exempt from Social Security tax because it represented amounts paid in excess of $118,500 to certain employees. The amount paid to employees in excess of $7,000 was $78,700 were withheld, as was $8,900 in union dues. The state unemployment tax is 3.5%, but Sage Company is allowed a 2.3% by the state for its unemployment experience. Also, assume that the current FICA tax is 7.65% on an $118,500 and 1.45% in excess of $118,500. No employee for Sage makes more than $125,000. The federal unemployment tax rate $400,000. Income taxes in the amount of credit of employee's wages to is 0.8% after state credit. Prepare the necessary journal entries if the wages and salaries paid and the employer payroll taxes are recorded separately. (Round answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Account Titles and Explanation Credit (To record wages and salaries paid) (To record employer payroll taxes)