ound to two decimals. (Round all amounts to the nearest cent. Abbreviations used: Beg. = Beginning; Cun i More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Med. Employee: OASDI: 6.2% on first $ 132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Employer: Print Done TUU Park Company had the following partially completed payroll register: Click the icon to view the partial payroll register.) (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Complete the payroll register. Round to two decimals. (Round all amounts to the nearest cent. Abbreviations used: Beg. = Beginning; Cum. = Cumulative; Earn. = Earnings; Exp. - Expense; Med. = Medicare; Ins. = Insurance: With. = Withholdings; Chk = Check.) Earnings Withholdings Salaries Beg. Current Ending and Cum. Period Cum. Income Health United Total Net Chk Wages Earn. Earn. Earn. OASDI Med. Tax Ins. Way With. Pay No. Exp. $ 85,000 $ 3,700 $ 1,369 $ 74 $ 35 801 129,000 8,000 800 160 40 802 48,000 2,900 1,073 58 803 62.000 4,400 440 88 0 0 0 804 0 5,000 500 805 100 $ 324,000 $ 24,000 $ 4,182 $ 480 $ 80 i Requirements ho 1. Complete the payroll register. Round to two decimals. 2. Journalize Park Company's salaries and wages expense accrual for the current pay period. 3. Journalize Park Company's expenses for employer payroll taxes for the current pay period. 4. Journalize the payment to employees. 5. Journalize the payment for withholdings and employer payroll taxes. Print Done TT Earnings Withholdings Salaries Beginning Current Ending and Cumulative Period Cumulative Income Health United Total Net Check Wages Earnings Earnings Earnings OASDI Medicare Tax Insurance Way Withholdings Pay No. Expense $ 85,000 $ 3,700 $ 1,369 $ 74 $ 35 801 129.000 8.000 800 160 40 802 48,000 2,900 1,073 58 0 803 62,000 4.400 440 88 5 804 5,000 500 100 0 805 $ 324,000 $ 24.000 $ 4,182 $ 480 $ 80 Print Done