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%.

On January 8, the end of the rst weekly pay period of the year, Regis Company's employees earned $22,750 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 5.2%, FICA Medicare taxes at the rate of 1.45%. $13,260 of federal income taxes. $1,340 of medical insurance deductions. and $900 of union dues. No employee earned more than $7,000 in this first period. Required: 1.1 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 $2000 paid to each employee. The federal unemployment tax rate is 0.6%. 1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and liabilities. 2. Prepare thejournal 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 rst $7.000 paid to each employee. The federal unemployment tax rate is 0.5%. Complete thle question by entering your answers In the tabs below. Prepare the journal entry to record Regls's employer payroll taxes resulting from the January 3 payroll. Regis's state unemployment tax rate is 5.4% of the rst $?,000 paid to each employee. The federal unemployment tax rate is 0.6%. (Round your answers to 2 decimal place: .}