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Question 18 (Mandatory) (5 points) Leo Company has the following information for the pay period of December 15-31: Gross payroll $16,000 Federal income tax $4,000

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Question 18 (Mandatory) (5 points) Leo Company has the following information for the pay period of December 15-31: Gross payroll $16,000 Federal income tax $4,000 withheld 6% Federal unemployment tax rate 0.8% Social security rate Medicare rate 1.5% 5.4% State unemployment tax rate Assuming no employees are subject to ceilings for taxes on their earnings, Salaries Payable would be recorded for O $16,000 $9,808 $10,800 $11,040

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