Forward Technologies pays employees monthly Payroll information is listed below for January, the first month of Forward's fiscal year Assume that none of the employees exceeds the federal unemployment momum salary of 57,000 in January Salaries Expense $750,000 Federal and state income tax withheld $200,000 Federal unemployment tax rate 8.10% State unemployment tax rate (after FUTA deduction) 5.45% Social Security (FICA) tax rate 770% The journal entry to record salaries expense for the January pay period would include: Round to the nearest whole number. Multiple Choice A credit to Payroll Tax Expense for $492.250. A debit to Salaries Payable for $750,000. O A credit to Salaries Payable for $492,250. A credit to Salaries Payable for $1,007,750