For the year ended December 31, 2020, Swifty Electrical Repair Company reports the following summary payroll data. Swifty's tivroll taxes are Social Security tax 62% Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment Swifty's 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 $441,000, and gross earnings subject to unemployment taxes total $134,000. No employee exceeds the $127,200 limit related to FiCA taxes. (a) Prepare a summary joumalentry at December 31 for the full year's payroll, (b) Journalize the adjusting entry at December 31 to record the employer's payroll taxes. (Round answers to 0 decimal ploces es. 125. Credit occount titles are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit (a) (b) Complete the required data for the following employees. (Round answers to 0 decimal ploces, eg. 5,275.) Complete the required data for the following employees. (Round antwess to 0 decintol ploces, eg 5,275)