Exercise 9-10 (Algo) Recording payroll LO P2, P3 income taxes witheld, \$90,000; State incorre tans with held, \$20,000; Social securty taxes withicid, \$22,320; Wedicare taxes Wutheld, \$5 220; Medical insurance premums, \$7,000; Ufe unsurance premtums, \$1,000; Unton dues deducted, \$1,000, and \$alaries subject to unemploymem 1axes, $50,000, The employee pays 40% of medical and life insurance premiums. Assume that FICA taxes are identical to those on employees and that SUTA laxes are 5.4% and FUTA taxes are 0.6% 1. \& 2 Using the above information, complete the below toble and prepare the journal enties to record accrued payroll, including employee deducuons, and cash payment of the net payroi (salanes payoble) for Jusy. 3. Using the above information, complete the below table. 4. Record the accrued employer payroil taxes and other related employment expenses and the cash payment of all trabitues related to the July payroll-assume that FiCA taxes are identcal to those on emp'oyees and thot SUTA taxes are 5.4% and FUTA taxes are 0.6% Complete this question by entering rour answers in the Labs below. Using the above information, complete the below table and prepare the journal enties to record accoued payroll, including employes deductions, and cash payment of the net payroll (salarlos payabla) for July