Problem 11-5A For the year ended December 31, 2017, Denkinger Electrical Repair Company reports the following summary payroll data. Gross earnings: Electricians' wages Total FICA taxes Federal income taxes withheld State income taxes withheld (396) United Fund contributions payable Health insurance premiums 27,83 26 192 Denkinger Company's payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.8% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $487,500, and gross earnings subject to unemployment taxes total $124,000. a) Prepare a summary journal entry at December 31 for the full year's payroll. ) Journalize the adjusting entry at December 31 to record the employer's payroll taxes. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (c) The W-2 Wage and Tax Statement requires the following dollar data. Complete the required data for the following employees. (Round answers to O decimal places, e.g. 5,275.) Wages, Tips, Other Federal Income State Income Tax FICA Wage FICA Taxu 29,400