Francisco Company has 10 employees, each of whom earns $3,000 per month and is paid on the last day of each month. All 10 have been employed continuously at this amount since January 1. On March 1, the following accounts and balances exist in its general ledger. a. FICA-Social Security Taxes Payable, \$3,720; FICA-Medicare Taxes Payable, \$870. (The balances of these accounts represent total liabilities for both the employer's and employees' FICA taxos for the February payroll only.) b. Employees' Federal Income Taxes Payable, $7,500 (ilability for February only). c. Federal Unemployment Taxes Payable, $360 (liability for January and February together). d. State Unemployment Taxes Payable, $3,240 (liability for January and February together). The company had the following payroll transactions. March 15 Issued cheek payable to Sirift Bank, a federal depository bank authorized to accept enptoyers: payments of Fica Issued and enployee incone tax withboldings. The $12, ese check is in payment of the Feoruary Fica and eoptoyee taxes incoese taxes. March 31 Pecorded the Jeurnat ontry for the March satarles payabte. Then recorded the cash payment of the Harch payrott (the conpany issued checks payable to each eaptoyee in payment of the Harch payrotit). The payrett register shows the tollowing sumary totals for the March pay period. FICA taxes are Social Security and Medicare, respectively. March 31 Recorded the enployer's payroll taxes resulting from the March payrolt. The conpany has a state unemployment tax rate of 5,404 on the first $7,000 paid to each employee. The federat rate is 0 . 604 . April is Issued check to Swift Bank in payment of the March FICA and enployee incone taxes. Aprit is Issued check to the State Tax Connission for the January, February, and March state unenployment taxes. Fited the check and the first-quarter tax return with the Comission, April 30 Issued check payable to Swift Bank in payment of the enployer's furA taxes for the first quarter of the year. April 30 Filed Forn 941 with the IRS, reporting the FICA taxes and the enployees federal incone tax withholdings for the first quarter. Required: Prepore journal entries to record these transactions and events. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 1 Record the cash payment of FICA (employees' and employer's) and employee income taxes of the month of February. 2 Record the (employee) payroll expenses and liabilities for the month of March. 3 Record the payment of payroll for March. 4 Record the employer's payroll expenses and liabilities for the month of March. 5 Record the cash payment of FICA (employees' and employer's) and employee income taxes of the month of March. 6 Record the cash payment of SUTA taxes for the months of January, February and March. 7 Record the cash payment of FUTA taxes for the first quarter of the year. 8 Record the filing of Form 941 with the IRS, reporting the FICA taxes and the employees' federal income tax withholdings for the first quarter. Note : = journal entry has been entered