On January 15, the end of the first pay period of the year, North Company's employees earned $35,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $6,500 of federal income taxes, $772.50 of medical insurance deductions, and $120 of union dues. No employee earned more than $7,000 in this first period. (Click on the Chart of Accounts Tab below.) Salaries FICA - Social Security tax FICA - Medicare tax Federal income tax Medical insurance Union Dues Limit $35,000.00 6.20% 1.45% $6,500.00 $772.50 $120.00 $7,000.00 Required: Prepare the journal entry to record North Company's January 15 salaries expense and related liabilities. Date 1/15/2024 General Journal Debit Credit