Ricardo's Mexican Restaurant incurred salaries expense of $$69,000$ for $2016.$ The payroll expense includes employer FICA tax, in addition to state unemployment tax and federal unemployment tax. Of the total salaries, $$21,000$ is subject to unemployment tax. Also, the company provides the following benefits for employees: health insurance $($cost to the company, $$2,900),$ life insurance $($cost to the company, $$420),$ and retirement benefits $($cost to the company, $7\%$ of salaries expense$).$ Journalize Ricardo's expenses for employee benefits and for payroll taxes. Explanations are not required. $($Round all amounts to the nearest cent. Record debits first, then credits. Exclude explanations from journal entries.$)$

$($Click the icon to view payroll tax rate information.$)$

Begin with the entry to accrue Ricardo's employer payroll taxes.

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[,,,],[,,,],[,,,],[,,,],[,,,]]$

Now record the accrual of Ricardo's employee benefit expenses.

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[,,,],[,,,],[,,,],[,,,]]$

Time Remaining: $00$:$35$:$28$