Stark Company has five employees. Employees pald by the hour recelve a $10 per hour pay rate for the regular 40-hour workweek plus one and one-half times the hourly rate for each overtime hour beyond the 40 hours per week. Hourly employees are pald every two weeks, but salaried employees are paid monthly on the last bweekly payday of each month. FICA Social Security taxeG are 6.2% of the fir t $118,500 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 $7000 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 percent of thelr gross Income as a payroll withholding, which the company matches with double the amount. Following Is the partially completed payroll register for the blweekly perlod ending August 31, which Is the last payday of August. a. Complete thls payroll reglster by filllng In all cells for the pay perlod ended August 31. (Round your answers to 2 decimal places.) FICA S.S FIT Current Period Gross Pay Employee Medicare Employee Plan Cumulative Pay Excludes Current Period) Employer Medicare Employer Plan Net Pay Expense Pay Hours Gross Pay Pay Type SUTA FICA S.s. FICA 5 2,000.00 Kathleen116,700.00 Salary 5 7,000.00 300.00 80.00 25.00 8,800.00 Salary Anthony 500.00 20.00 50.00 Reguar80 110.00 Nichole 15,000.00 Overtime 8 25.00 Reguar80 100.00 Zoey 6,500.00 Overtime 4 22.00 740.00 0.00 Gracie 5,000.00 Overtime 21.00 2 380.00 Totals 5 150,000.00 388.00 b. c. d &e. Prepare the August 31 Journal entry to: (Round your answers to 2 decimal places.) b. Record the accrued blweekly payroll and related llabilties for deductions. c. Record the employer's cash payment of the net payroll of part b. d. Record the employer's payroll taxes Including the contribution to the benefits plan. e. Pay all lablities (except for the net payroll In part c) for this biweekly perlod. new transaction lst Journal entry worksheet Record the August 31 journal entry for the accrued biweekly payroll and related liabilities for deductions Note: Enter debits before credits. Date General Journal Debit Credit Aug 31 Record entry Clear entry View general journal