(LO1/2) Selected information from the payroll register of Ebeling's Dairy for the week ended July 7, 20-, is shown below. The SUTA tax rate is 5.4%, and the FUTA tax rate is 0.6%, both on the first $7,000 of earnings. Social Security tax on the employer is 6.2% on the first $128,400 of earnings, and Medicare tax is 1.45% on gross earnings. Taxable Earnings Employee Name Cumulative Pay Before Current Unemployment Social Current Earnings Weekly Earnings Compensation Security Click, Katelyn $ 6,650 800 Coombs, Michelle 6,370 720 Fauss, Erin 33,460 1,200 Lenihan, Marcus 6,930 900 McMahon, 127,050 4,440 Drew Newell, Marg 35,470 1,110 Stevens, Matt 38,675 1,260 Required 1. Calculate the total employer payroll taxes for these employees. 2. Prepare the journal entry to record the employer payroll taxes as of July 7, 20--. SHOW ANSWER