For the year ended December 31, 2020, Swifty Electrical Repair Company reports the following summary payroll data.

Gross earnings:
Administrative salaries		$184,000
Electricians wages		370,000
Total		$554,000
Deductions:
FICA taxes		$37,421
Federal income taxes withheld		177,000
State income taxes withheld (3%)		16,620
United Fund contributions payable		27,700
Health insurance premiums		18,500
Total		$277,241

Swiftys payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.8% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $474,000, and gross earnings subject to unemployment taxes total $121,000. No employee exceeds the $127,200 limit related to FICA taxes.

(a)		Prepare a summary journal entry at December 31 for the full years payroll.
(b)		Journalize the adjusting entry at December 31 to record the employers payroll taxes.