Muller Corp. pays its employees monthly. The payroll information listed below is for February $2024.$

Salaries $$400,000$

Federal income taxes to be withheld $80,000$

Federal unemployment tax rate $($FUTA$)0\mathrm{.}80\%$

State unemployment tax rate $($after FUTA deduction$)5\mathrm{.}40\%$

Social Security tax rate $6\mathrm{.}2\%$

Medicare tax rate $1\mathrm{.}45\%$

Required:

Prepare the appropriate journal entries to record salaries expense and payroll tax expense for the February $2024$ pay period. You will have two entries.

Assume only $$10,000$ of the payroll is subject to unemployment, but the entire payroll is subject to Social Security.