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Stark Company has five employees. Employees paid by the hour earn $10 per hour for the regular 40 hour workweek and $15 per hour beyond

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Stark Company has five employees. Employees paid by the hour earn $10 per hour for the regular 40 hour workweek and $15 per hour beyond the 40 hours per week, Hourly employees are paid every two weeks, but salaried employees are paid monthly on the last biweekly payday of each month, FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay, FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. The company has a benefits plan that includes medical insurance, life insurance, and retirement funding for employees. Under this plan, employees must contribute 5% of their gross income as a payroll withholding, which the company matches with double the amount Following is the partially completed payroll register for the biweekly period ending August 31, which is the last payday of August Red A Reg B to E Complete this payroll register by filling in all cells for the pay period ended August 31. (Round your answers to 2 decimal places.) Current-Period Gross Pay FIT Withholding FUTA FICA S.S. Employee Employee Plan Withholding Cumulative Pay Employeo (Excludes Current Period) FICA Medicare Employee FICA Medicare Employer Employee Not Pay (Current Period) Pay Hours Pay Type Gross Pay SIT Withholding SUTA FICA S.S. Employer Employer Plan Expense Kathleen $ 135,900.00 Salary $ 7,000.00 25.00 50.00 Anthony 6,800.00 Salary 500.00 80 Nichole 8 $ 2,000.00 300.00 80.00 20.00 110.00 25.00 100.00 22.00 90.00 21.00 $ 2.380.00 80 Regular 25,800.00 Overtime Regular 6,500.00 Overtime Regular 5,000.00 Overtime Zoey 4 74 Gracio $ $0.00 $ 0.00 0.00 $ 0.00 180,000.00 0.00 $ 0.00 $ 25.00 50.00 Totals 0.00 388.00 Record the August 31 journal entry for the accrued biweekly payroll and related liabilities for deductions. Record the August 31 journal entry for the employer's cash payment of the net payroll of part b. 3 Record the employer's payroll tax expense related to the August 31 payroll. 4 Record the employer's benefit expense related to the August 31 payroll. 5 Record the August 31 journal entry to pay all liabilities (except net payroll in part c) for this biweekly period

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