On January 8, the end of the first weekly pay period of the year,

On January 8. the end of the first weekly pay period of the year. Regis Company's employees earned 527.760 of office salaries and 570.840 of sales salaries. Withholdings from the emp'cyees' salaries include FICA Social Security taxes at the rate of 6.2%. FICA Medicare taxes at the rate of 1.45% 513.360 of federal income taxes. 51.370 of medical insurance deductions. and S900 of union dues. No emplcyee earned more than 5.000 in this first period. Regulred: 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 0.6% 1.2 Prepare the journal entry to record Regis Company's January 8 employee expenses and liabilities. Z Prepare the journal entry to record Regis's emplcyer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first S7.OOO paid to each emplcyee. The federal unemployment tax rate Is Cmplete this by 18 in tabs the of these four tax of Regis first $7,000 paid to une Regis's state is 5.4% of tax is 0.6%. (Round to 2 dcinul p Lacu) s Regis C