For the year ended December 31, 2022, Bonita Electrical Repair Company reports the following summary payroll data. Gross earnings: Administrative salaries $197,500 Electricians' wages 388,500 $586,000 Total Deductions: FICA taxes $39,776 Federal income taxes withheld 165,500 State income taxes withheld (3%) 17,580 United Fund contributions payable 28,272 Health insurance premiums 16,500 Total $267,628 Bonita's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.6% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $504,500, and gross earnings subject to unemployment taxes total $131,000. No employee exceeds the $132,900 limit related to FICA taxes. (a) Prepare a summary journal entry at December 31 for the full year's payroll. (b) Journalize the adjusting entry at December 31 to record the employer's payroll taxes.