Ivanhoe Company's gross pay for the week ended August 22 totalled $70,000, from which $4,080 was deducted for CPP. $1,280 for El, and $19,710 for income tax. Prepare the entry to record the employer payroll costs, assuming these will not be paid until September. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 1,575.) Date Account Titles and Explanation Aug. 22 (To record employer payroll costs.) Debit Credit