In January, the payroll supervisor determines that gross earnings for Waterway Company are $88,000. All earnings are subject to 7.65%FICA taxes, 5.40% state unemployment taxes, and 0.80% federal unemployment taxes. (b) Record the employer's payroll taxes. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually, Round answers to decimal places, eg. 125.) Account Titles and Explanation Debit Credit