Morgan Company's sales employees earned a total salaries of $20,000 during the week of February 1-6, which were subject to 4.95% CPP, and 3 weeks' annual vacation. The salaries are also subject to federal and provincial income tax withholdings of $3,500. M Company's employees also pay El at the rate of 1.88%, and M Company's share is 1,4 times the employees' contributions. Which one of the following entries should be prepared to record M Company's employer's portion of payroll benefits expense? Select one: CPP Expense 990.00 El Expense 526.40 CPP Payable 990.00 El Payable 526.40 b. Benefits Payable 4,856.00 CPP Payable El Payable Employees' Income Taxes Payable 990.00 366.00 3,500.00 C. 20,000.00 990.00 Sales Salaries Expense CPP Payable Employees Income Taxes Payable Accrued Payroll Payable 3,500.00 15.510,00 d. d. Benefits Expense 1,502.40 CPP and El Payable 1,502.40 e. Benefits Expense 1,364.40 Payroll Taxes Payable 1,364.40