Problem 11-5A For the year ended December 31, 2017, Denkinger Electrical Repair Company reports the following summary payroll data. Gross earnings: Administrative salaries $199,000 Electricians wages 375,000 Total $574,000 Deductions: FICA taxes $38,951 Federal income taxes withheld 175,000 State income taxes withheld (3%) 17,220 United Fund contributions payable 27,693 Health insurance premiums 18,500 Total $277,364 Denkinger Companys 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 $494,000, and gross earnings subject to unemployment taxes total $141,500. (a) Prepare a summary journal entry at December 31 for the full years payroll. (b) Journalize the adjusting entry at December 31 to record the employers 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.) No. Account Titles and Explanation Debit Credit (a) (b) (c) The W-2 Wage and Tax Statement requires the following dollar data. Complete the required data for the following employees. (Round answers to 0 decimal places, e.g. 5,275.) Employee Wages, Tips, Other Compensation Federal Income Tax Withheld State Income Tax Withheld FICA Wages FICA Tax Withheld Maria Sandoval $60,000 $29,400 $ $ $ Jennifer Mingenback 27,500 10,725 LINK TO TEXT