Lee Werner is general manager of Moonwalk Salons. Moonwalk incurred payroll tax expense on Werner During 2024, Werner worked for the company all year at a $12,400 monthly salary. He also earned a year-end bonus equal to 10% of his annual salary. Werner's federal income tax withheld during 2024 was $2,976 per month, plus for FICA tax. The company also paid state unemployment tax and federal unemployment tax. $1,488 on his bonus check. State income tax withheld (Click the icon to view payroll tax rate came to $140 per month, plus $130 on the bonus. FICA tax was withheld on the annual earnings. Werner authorized information.) the following payroll deductions: Charity Fund contribution of 4% of total earnings and life insurance of $10 per month. Requirement 1. Compute Werner's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. Begin by computing Werner's gross pay for the year. (Round all amounts to the nearest dollar.) 1. Compute Werner's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. 2. Compute Moonwalk's total 2024 payroll tax expense for Werner. 3. Make the journal entry to record Moonwalk's expense for Werner's total earnings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate. Credit liability accounts for the payroll deductions and Cash for net pay. An explanation is not required. 4. Make the journal entry to record the accrual of Moonwalk's payroll tax expense for Werner's total earnings. 5. Make the journal entry for the payment of the payroll withholdings and taxes. Lee Werner is general manager of Moonwalk Salons. Moonwalk incurred payroll tax expense on Werner During 2024, Werner worked for the company all year at a $12,400 monthly salary. He also earned a year-end bonus equal to 10% of his annual salary. Werner's federal income tax withheld during 2024 was $2,976 per month, plus for FICA tax. The company also paid state unemployment tax and federal unemployment tax. $1,488 on his bonus check. State income tax withheld (Click the icon to view payroll tax rate came to $140 per month, plus $130 on the bonus. FICA tax was withheld on the annual earnings. Werner authorized information.) the following payroll deductions: Charity Fund contribution of 4% of total earnings and life insurance of $10 per month. Requirement 1. Compute Werner's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. Begin by computing Werner's gross pay for the year. (Round all amounts to the nearest dollar.) 1. Compute Werner's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. 2. Compute Moonwalk's total 2024 payroll tax expense for Werner. 3. Make the journal entry to record Moonwalk's expense for Werner's total earnings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate. Credit liability accounts for the payroll deductions and Cash for net pay. An explanation is not required. 4. Make the journal entry to record the accrual of Moonwalk's payroll tax expense for Werner's total earnings. 5. Make the journal entry for the payment of the payroll withholdings and taxes