Kip bowman is owner and sole employee of KB corporation. he pays himself a salary of $1050 each week.

Additionl tax information includes:

FICA Tax- OASDI - 6.2% on the first $117,000

FICA tax- HI- 1.45% on the total pay

Federal Income tax- $232.00 per day

State income tax - 22% of the federal income tax withholding

State Unemployment tax- 0.05 percent on first $14,000

Addtional payroll deductions include

401(k) play - 3% per day

Child Support Garnishment- $100 per day

Health Insruance premium - $95 per day

Record the payroll entryy and payroll tax entry for the pay of the week ended June 5 (his year-todate pay is $31,500)