On January $8,$ the end of the first weekly pay period of the year, Regis Company's employees earned $$24,760$ of office salaries and $$60,840$ of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of $6\mathrm{.}2\%,$ FICA Medicare taxes at the rate of $1\mathrm{.}45\%,$ $$13,260$ of federal income taxes, $$1,380$ of medical insurance deductions, and $$940$ of union dues.No employee earned more than $$7,000$ in this first period.Required:$1-$a$.$ Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is $5\mathrm{.}4\%$ of the first $$7,000$ paid to each employee. The federal unemployment tax rate is $0\mathrm{.}6\%\mathrm{.}1-$b$.$ Prepare the journal entry to record Regis Company's January $8$ employee payroll expenses and liabilities$\mathrm{.}2.$ Prepare the journal entry to record Regis's employer payroll taxes resulting from the January $8$ payroll. Regis's state unemployment tax rate is $5\mathrm{.}4\%$ of the first $$7,000$ paid to each employee. The federal unemployment tax rate is $0\mathrm{.}6\%.$