For the payroll period ended on June 25, 2019. gross pay was $20,00, net pay was $11,800, FICA tax withholdings were $3,300, income tax withholdings were $4,000, and medical insurance contributions were $1,000. Required: Use the horizontal model to show the effects of the payroll accrual on June 25, 2019. Indicate the financial statement effect (Enter decreases with a minus sign to indicate a negative financial statement effect.) Balance Sheet Income Statemen Revenues Assets Stockholders' Equity Not income Wholding $11,800, FICA tax withholdings were $3,300, 300 Indicate the financial statement effect. (Enter stockholders' Equity Not Income Income Statement Revenues Expenses