On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $24760 of office salaries and 560,840 of sales salaries withholdings from the employees salaries include FICA Social Security taxes at the rate of 62%, FICA Medicare taxes at the rate of 145%, 512,760 of federal income taxes. $1,450 of medical insurance deductions, and $840 of union dues No employee eamed more than 57,000 in this first period Required: 1.1 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 57,000 paid to each employee. The federal unemployment tax rate is 06% 1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities 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 54% of the first $7000 paid to each employee. The federal unemployment tax rate is 06%