Required Information [The following information applies to the questions displayed below.] A payroll summary for Mark Consulting Company, owned by Mark Fronke, for the quarter ending June 30, 20X1, appears below. The firm made the required tax deposits as follows: a. For April taxes, paid on May 15 . b. For May taxes, pald on June 17. Requlred: 1. On July 15, the firm Issued a check to deposit the federal Income tax wIthheld and the FICA tax (both employee and employer shares for the third month [June]). 2. Complete Form 941 in accordance with the discussions In this chapter. Use a 12.4 percent social security rate and a 2.9 percent Medicare rate in computations. Use the followlng address for the company. 2300 East Ocean Blvd., Long Beach, CA 90802 . Use 75-4444444 as the employer Identification number. Date the return July 31, 20X1. Mr. Fronke's phone number is 562-709-3654. Analyze: What is the balance of the Employee Income Tax Payable account at July 15 ? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Page 2 of Form 941. (Round your answers to 2 decimal places.) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 92019 McGraw-Hill Education. Req2941Pg1 Analyze Requlred: 1. On July 15, the firm Issued a check to deposit the federal Income tax withheld and the FICA tax (both employee and employer shares for the third month [June]). 2. Complete Form 941 in accordance with the discussions in this chapter. Use a 12.4 percent social security rate and a 2.9 percent Medicare rate in computations. Use the following address for the company. 2300 East Ocean Blvd., Long Beach, CA 90802 . Use 75-4444444 as the employer Identlfication number. Date the return July 31, 20X1. Mr. Fronke's phone number is 562-709-3654. Analyze: What is the balance of the Employee Income Tax Payable account at July 15 ? Complete this question by entering your answers in the tabs below. What is the balance of the Employee Income Tax Payable account at July 15