Recording Payroll and Related Deductions Urban Fit Corporation paid salaries and wages of $273,220 to its employees for the month. Of this amount: $7,220 was paid to employees who had already exceeded wages of $243,960. Also, $83,220 was paid to employees who had already been paid the SUTA maximum. FICA employee withholdings consist of a social security tax of 6.20% on the first $243,960 earned, plus a Medicare tax of 1.45% on all wages. Urban Fit pays employer taxes as follows: its required FICA contribution, plus a FUTA tax of 6.0% on wages up to the SUTA maximum. Of this amount, 5.4% is payable to the state and 0.6% is payable to the U.S. Treasury. Employee income tax withholding was $66,500. Deductions included: union dues (in conformity with the union agreement), $5,700, and insurance premiums, $22,800. Required Provide the entries to: a. Record liabilities for payroll deductions. b. Record payroll tax expenses. C. Record remittance of payroll obligations, including salaries payable to employees. Note: Round your answers to the nearest whole dollar. Note: List multiple debits or credits (when applicable) in alphabetical order. Account Name a. Salaries Expense 273,220 0 SUTA Taxes Payable 3,962 x FUTA Taxes Payable 3,962 x Salaries Payable 3,962 x Insurance Premium Payable 22,800 x Union Dues Payable 5,700 x OX Dr. Cr. X X a 0 X X 0 b. Cash X Cash a X 0 X Cash X 0 0 x 07 Ox 0 x 0 OX 0 0 x OX 0 Cash X Cash X FICA Taxes Payable FUTA Taxes Payable X FICA Taxes Payable x FICA Taxes Payable X FUTA Taxes Payable X FICA Taxes Payable X To record payments for taxes and payroll withholdings Cash 0 x OX 0 0 x 0 X Cash 0 x To record payment to employees