tary Walsh is general manajer of Uniled S.jons, Durng 2024, Walsh wonked for the company inemployment tax and federait unomplioyment tax. (Cick the iogn bo view parmed tax ratio information) Pood the regurements Begin by cocenputing Wabis gost pay for the year. (Round all amound to the nearest dolar) More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Requirements 1. Compute Walsh's gross pay, payroll deductions, and net pay for the full year 2024. Round all amounts to the nearest dollar. 2. Compute United's total 2024 payroll tax expense for Walsh. 3. Make the journal entry to record United's expense for Walsh's total earnings for the year, his payroll deductions, and net pay. Debit Salaries Expense and Bonus Expense as appropriate. Credit liability accounts for the payroll deductions and Cash for net pay. An explanation is not required. 4. Make the journal entry to record the accrual of United's payroll tax expense for Walsh's total earnings. 5. Make the journal entry for the payment of the payroll withholdings and taxes. Charity fund contribution Employee Medicare tax Employee OASDI tax Federal income tax FUTA Gross pay Health insurance benefits Life insurance Retirement benefits State income tax Withholding deductions: Net (take-home) pay Charity fund contribution Employee Medicare tax Employee OASDI tax Federal income tax FUTA Gross pay Health insurance benefits Life insurance Retirement benefits State income tax SUTA Total withholdings