On January 14, at the end of the second week of the year, the totals of Castle Company's payroll register showed that its store employees' wages amounted to $33,490 and that its warehouse wages amounted to $12,380. Withholdings consisted of federal income taxes, $5,504, employer's Social Security taxes at the rate of 6.2 percent, and employees' Social Security taxes at a rate of 6.2 percent. Both the employer's and employees' Social Security taxes are based on the first $118,500, and no employee has reached the limit. Additional withholdings were Medicare taxes at the rate of 1.45 percent on all earnings and charitable contributions withheld, $865. Required: a. Calculate the amount of Social Security and Medicare taxes to be withheld and prepare the general journal entry to record the payroll. If an amount box does not require an entry, leave it blank. If required, round your intermediate calculations and final answers to the nearest cent and use the rounded answers in subsequent computations. DATE 20-- Jan. 14 GENERAL JOURNAL PAGE DOC. POST. DESCRIPTION DEBIT CREDIT NO. REF. Accounting numeric field To record payroll for the week ended January 14. b. Prepare the general journal entry to record the employer's payroll taxes, assuming that the federal unemployment tax is 0.6 percent of the first $7,000, that the state unemployment tax is 5.4 percent of the same base, and that no employee has surpassed the $7,000 limit. If an amount box does not require an entry, leave it blank. If required, round your intermediate calculations and final answers to the nearest cent and use the rounded answers in subsequent computations. DATE 20-- Jan. 14 GENERAL JOURNAL DESCRIPTION To record employer's share of FICA taxes and employer's state and federal unemployment taxes. PAGE DOC. POST. NO. REF. DEBIT CREDIT Precision Labs has two employees. The following information was taken from its individual earnings records for the month of September. Determine the missing amounts assuming that the Social Security tax is 6.2 percent, the Medicare tax is 1.45 percent, and the state income tax is 20 percent of the federal income tax. Assume that the employees are married and have one withholding allowance. All earnings are subject to Social Security and Medicare taxes. If required, round your answers to the nearest cent and use the rounded answers in subsequent computations. Enter all amounts as positive values. Regular earnings BROWN RINGNESS TOTAL $3,492.00 $ Overtime earnings Total earnings 126.00 $3,644.00 $ Federal income tax withheld $320.00 $ State income tax withheld 36.80 Social Security tax withheld 225.93 170.13 Medicare tax withheld 52.84 39.79 Charity withheld 37.00 99.00 Total deductions $699.77 $529.72 $ Net pay $2,214.28 On January 21, the column totals of the payroll register for Great Products Company showed that its sales employees had earned $14,660, its truck driver employees had earned $10,260, and its office employees had earned $8,210. Social Security taxes were withheld at an assumed rate of 6.2 percent, and Medicare taxes were withheld at an assumed rate of 1.45 percent. Other deductions consisted of federal income tax, $3,976; and union dues, $550. Determine the amount of Social Security and Medicare taxes withheld and record the general journal entry for the payroll, crediting Salaries Payable for the net pay. All earnings were taxable. If necessary, round intermediate calculations and the final answer to the nearest cent. If an amount box does not require an entry, leave it blank. GENERAL JOURNAL PAGE DATE 20-- DESCRIPTION DOC. NO. POST. REF. DEBIT CREDIT Jan. 21 From payroll register