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Lee Financial Services pays employees monthly. Payroll information is listed below for January 2021, the first month of Lee's fiscal year. Assume that none of

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Lee Financial Services pays employees monthly. Payroll information is listed below for January 2021, the first month of Lee's fiscal year. Assume that none of the employees exceeded any relevant base of pay, such that all benefit percentages apply to the entire $610,000 payroll. Required: Calculate the income and payroll taxes for the January 2021 pay period. Prepare the appropriate journal entries to record salaries expense and payroll tax expense for the January 2021 pay period. Complete this question by entering your answers in the tabs below. Calculate the income and payroll taxes for the January 2021 pay period

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