Lightning Electronics is a midsize manufacturer of lithium batteries. The company$$s payroll records for the November $114$ pay period show that employees earned wages totaling $$50,000$ but that employee income taxes totaling $$7,000$ and FICA taxes totaling $$2,625$ were withheld from this amount. The net pay was directly deposited into the employees$$ bank accounts. Assume Lightning Electronics also must pay $$250$ of unemployment taxes for this pay period.

Prepare the journal entry or entries that Lightning would use to record the payroll. Include both employee and employer taxes. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$