On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $22.760 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%, $13,660 of federal income taxes, $1.440 of medical insurance deductions, and $880 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 pald 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 54% of the first $7,000 pald 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 8 earnings Tax Tax Rato Tax Amount subject to tax FICA Social Security $ 93,600 6.20% 5,803.20 FICA Medicare 93.600 1.45% 1,357 20 FUTA 93,600 0.60% 561.60 SUTA 93.600 5.40% 5,054.40 Journal entry worksheet Record the employer's payroll expenses and liabilities for the first weekly pay period of the year. Note: Enter debits before credits. General Journal Date Jan 08 Debit Credit Payroll taxes expense FICASocial sec, taxes payable FICA-Medicare taxes payable State unemployment taxes payable Federal unemployment taxes payable 5,803.20 1,357.20 5,054.40 561,60