On January 8 , the end of the first weekly pay pellod of the year, Regis Companys employees earned $20760 of office salaries and $60,840 of sales salanes. Whtholdings from the employees'salaries include FICA Social Security taxes at the rate of 6.2%. FICA Medicate taxes at the rate of 1.45%,$13.260 of federal income taxes, $1,440 of medical insurance deductions, and $880 of union dues. No employee earned mote 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 5.4% of the first $7.000 paid to each employee. The federat unemployment tax rate is 0.6% 1.b. Prepare the journal entry to record Regis Compamy's January 8 employee payroll expenses and ifabilities. 2. Prepare the journal entry to tecord Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployinent tax rate is 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.5% Complete this question by entering your answers in the tabs below: Catculate below the amounts for each of these four taxes of Regis Company. Regis's state unemplovment tax rate is 5.4% of the first $7,000 paid to esch employee, The federal uneinployment tax rate is 0.6%. Note: Alound your annwers to 2 decinul places