Stadium Manufacturing has the following data available for its September 30, 2022, payroll: Wages eamed $220,000 Federal income taxes withheld 55,700 * All subject to matching and withholding of 6.2% for CPP and 2.40% for EI. Employment Insurance (Employee) taxes of 0.80% and Employment Insurance (Employer) taxes of 1.20% are payable on $207,000 of the wages earned. Required: If required, round your answers to the nearest cent. 1. Compute the amounts of taxes payable and the amount of wages that will be paid to employees Federal Tax Canada Pension Plan Employment Insurance (Employee) 1,656 Employment Insurance (Employer) 2,484 Net pay Feedback Check My Work 1. Payroll taxes are withheld from employee wages and salaries, and then paid to the taxing authority. Prepare the journal entries to record the wages earned and the payroll taxes. If an amount box does not require an entry, leave it blank. Sept. 30 (Recard wages and liabilities) Sept. 30 (Record employer payroll taxes)