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 1.45%, $12,960 of federal income taxes, $1,420 of medical insurance deductions, and $800 of union dues. No employee earned more than $7,000 in this first period. Regis Company records office salaries and sales salaries as two separate accounts in its accounting records. Required: 1.1 Calculate below the amounts for each of these four taxes of Regis Company, Regis Company'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 Company's employer payroll taxes resulting from the January 8 payroll. Regis Company'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. Red 1A Reg 18 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 earnings Tax Rate subject to tax Tax Tax Amount FICA Social Security FICA Medicare FUTA SUTA