QS 9.7 (Algo) Recording employee payroll taxes LO P2 During the month of January, an employee earned $5,000 of salary. Withholdings from the employee's salary consist of FICA Social Security taxes of $310.00, FiCA Medicare taxes of $72.50, federal income taxes of $532.50, and medical insurance deductions of $212.50. Prepare the journal entry to record the employer's salaries expense and related liabilities assuming these wages will be paid in early February. (Round your final answers to 2 decimal places.) Journal entry worksheet