McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Salaries and wages carned Employee income taxes withhold YICA taxes withheld Unemployment taxes $530,000 49.025 37.95 Required: 1. Considering both employee and employer payroll taxes, use the preceding Information to calculate the total labor cost for the company for March 2. & 3. Prepare the Journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. Employees were paid in March but amounts withheld were not yet remitted Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 and 3 Prepare the journal entry to record the payroll for March, including employee deductions (but excluding emplover Davroll Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req1 Req 2 and 3 Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. Employees were paid in March but amounts withheld were not yet remitted. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field) No Date General Journal Debit Credit March 31 Salaries and Wages Expenso 530,000 Withhold Income Taxos Payable 49,025 FICA Payable 37,895 Cash 1 ololo 3 2 March 31 530,000 Payroll Tax Expense Unemployment Taxes Payable FICA Payable OOO 37,895 3,685