Olson Company's payroll for the week ending January 15 amounted to $367,000 for salaries and wages. None of the employees has reached the earnings limits specified for federal or state employer payroll taxes. The following deductions were withheld from employees' salaries and wages: Federal unemployment tax (FUTA) rate is 0.8% and state unemployment tax (SUTA) rate is 5.4%. Prepare the journal entry to record the weekly payroll ending January 15 (employee entry). b.) Prepare the journal entry to record the employer's payroll tax expense on the payroll (employer entry)