On January 8, the end of the first weekly pay period of the year, Regis Company's employees eamed $20,760 of office salaries and $60,840 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. $1,330 of medical insurance deductions, and $900 of union dues No employee earned more than $7,000 in this first period Required: 1-0. 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-b. Prepare the joumal entry to record Regis Company's January 8 employee payroll expenses and llablities. 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payrolli Regis's state unemployment tax rate is 5.4% of the first $7,000 paid to each empioyee The federat unemployment tax rate is 0.6% Complete this question by entering your answers in the tabs below. Calculate below the amounts for each of these four taxes of Regis Company, Regis's state unemployment tax rate is 5.45 s of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 dedmal places.) Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. (Round decimal places.) Journal entry workspgeet Record the employee payroll expenses and liabilities for the first weekly pay period of the year. Notef Enter debits before credits. 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%, (Rocind your answers to 2 decimal places,) Journal entry worksheet Record the employer's payroll expenses and liabiitios for the first weekly pay period of the year