On June 18, the gross payroll of Walnut Co. was $2,760,000. Federal income taxes withheld were $515,000. State income taxes withheld was $110,000. The FI.C.A. tax is 7.65% on the total salaries and wages. No wages were over the current Soc Sec limit. The employer Federal unemployment tax was $37,200. There is no state unemployment tax. The payroll will be paid the following day, Instructions (a) Prepare the journal entry on June 18 for the salaries and wages to be paid the next day. (b) Prepare the entry to record the employer payroll taxes