Journalize Payroll Tax The payroll register of Chen Engineering Co. indicates $1,554 of social security withheld and $388.50 of Medicare tax withheld on total salaries of $25,900 for the period. Earnings of $8,000 are subject to state and federal unemployment compensation taxes at the federal rate of 0.6% and the state rate of 5.4%. Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places. Salaries Expense 25,000 Social Security Tax Payable 1,554 Medicare Tax Payable 388.50 Employees Federal Income Tax Payable Salaries Payable