Payroll information for the week ended December 30 was obtained from the records of M4 Engineering: Gross Salaries $500,000 Federal Income Tax withheld: $90,000 Social Security Tax: 6% Medicare Tax: 1.5% SUTA State Unemployment: 4% FUTA - Federal Unemployment: 1% Of the total payroll for the last week of the year, $50,000 is subject to unemployment compensation Journalize the payroll for the last week of the year. Two journal entries are needed. Date Description Post Debit Credit 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10. 11 11 12 12 13 13 14 14 15 15 16 16 17 18 18 17