On Janusry 8, the end of the first weekly pay period of the year, Regis Company's psyroll register showed thst its employees earned $23,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees salaries include FICA Social Security taxes at the rate of 6.20%, FICA Medicare texes at the rote of 1.45%, $12760 of federal income taxes, $1,360 of medical insurance deductions, and $840 of union dues. No employee earned more than $7,000 in this first period. 1.1 Calculate below the amounts for esch of these four taxes of Regis Company. Regis's merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid eech employee. The federal unemployment tax rate is 0.60%. (Round your answers to 2 decimal Answer is complete and correct. January 8 eaning8 84,600 84,600 4,600 4,600 Tax Rate Tax Amount to tax FICA-Social SecurityS FICA-Medicare FUTA SUTA 6.20% 1.45% 0.60% 3.00% 5.245.20 1,226.70 507.60 2,538.00 1.2 Prepsre the journal entry to record Regis Company's January 8 (employee) psyroll expenses and liabilities. (Round your answers to 2 decimal places.) Answer is not complete. No Date General Journal Debit 84,800.00 00Creait Jan 08 Sales salaries expense Office salaries expense FICA Social sec.taxes payable FICA-Medicare taxes payable Emplayee fed. inc.taxes payable Emplayee medical insurance payable Emplayee union dues payable 2,760.00 1,380.00 840.00 Salaries payable 2. Prepare the journal entry to record Regis's (employer) payroll taxes resulting from the January 8 payroll. Regis's merit rating reduces its state unemployment tax rate to 3% ofthe first S7,000 paid each employee. The federal unemployment tax rate is 0.60%. (Round your answers to 2 declmal places.) Answer is not complete. No Date General Journal Debit Credit Payroll taxes expense FICA Social sec taxes payable FICA Medicare taxes payable Federal State unemplayment taxes payable Jan 08 taxes payable