McFly Company's payroll records for the month of October provide the following information:

Salaries and Wages earned	$500,000
Employee income tax withheld	46,250
FICA taxes withheld	38,250
Unemployement taxes	3,475

Prepare the journal entry(ies) to:

1. Record McFly's payroll expense for the month of October.

2. Record McFly's payroll taxes for the month of October.