7) Large Co. pays its employees $20,000 gross salary each week. 30% of salary is withheld for income taxes and 5% is withheld to pay Social Security/FICA. Large Co. must match the employees' FICA contributions. All payroll taxes for the pay period are remitted 2 days after payday. a) b) Give all of Large's journal entries relating to the salary for a normal week, including the remittance of the payroll taxes. Are payroll taxes an expense for Large? Are payroll taxes a contingent liability?