On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $23,760 of office salaries and $70,840 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 145%, $13,560 of federal income taxes, $1.450 of medical insurance deductions, and SB40 of union dues. No employee earned more than $7.000 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 $7,000 paid to each employee. The federal unemployment tax rate is 0.6% 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 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. Reg 1A Reg 1B Reg 2 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 federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places) Regis Company's: January 5 earnings Tax Rate subject to tax Tax Amount Tax FICA Social Security FICA Medicare FUTA SUTA 1 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round your answe decimal places.) View transaction list Journal entry worksheet > 1 Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. Debit Credit Date General Journal Jan 08 View general journal Clear entry Record entry f 13 HH Next Req 1A Req 18 Reg 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 5.4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet