Merger Co has 10 employees, each of whom earns $1.450 per month and has been employed since January 1, FICA Social Security taxes are 62% of the first $132.900 paid to each employee, and FICA Medicare taxes are 145% of gross pay FUTA taxes are 0 6% and SUTA taxes are 54% of the first $7,000 paid to each employee Prepare the March 31 journal entry to record the March payroll taxes expense. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet