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Sublime has 60 employees each working 40 hours per week and earning $27 an hour. Federal income taxes are withheld at 15% and state income

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Sublime has 60 employees each working 40 hours per week and earning $27 an hour. Federal income taxes are withheld at 15% and state income taxes at 6%. FICA taxes are 7.65% of the first $118,500 earned per employee and 1.45% thereafter. Unemployment taxes are 6.20% of the first $7,000 earned per employee. 1. Compute the total salaries expense, the total withholdings from employee salaries, and the actual payroll payment (salaries payable) for the first week of January. (Round your intermediate and final answers to the nearest dollar amount.) 2. Compute the total payroll tax expense Sublime will pay for the first week of January. (Round your intermediate and final answers to the nearest dollar amount.)

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