On January 8 , the end of the first weekly pay period of the year, Regis Compamy's employees earned $24,750 of office salaries and 570,840 of sales salaries, Withholdings from the employeos' salaries include FICA Secial Securily taxes at the rate of 6.28, FICA Medicare taxes at the rate of 145%,$13,260 of federal income taxes, $1,380 of medical insurance deductians, and 5940 of union dues. No employee eamed more thay $7,000 in this first period. Pequired: 1. a. Caiculate below the amounts for each of these four taxes of Regis Conipany. Regis's state unemployment tax rote is 5.4%6 of the first $7,000 paid to each empioyee. The federal unemployment tax rate is 06 kh 1-b. Prepare the joutnal entry to record Algis Company's Jaruary 8 employce paynol expenses and fabilities. 2. Prepare the journal entry to record Reg's's empoyer paynoll taxer resulting from the January 8 payred. Pegis's state unemploymers tax rase is 5.4$ of the first $7,000 paid to each employee, The federal unemployment tax rate is 0.6%. Complete this question by entering your answers in the tabs below. Caiculate below the aniounts for each of theie four taxes of Regir Compacy, Regis's state unemployment tax rate is 5.4% of the first $7,000pad to exch employee. The federal unempioyment tax rate is 0.6%. (Hound your ancwers to.2 decinai places.)