The following information relates to Ponte Manufacturing Company's workers' compensation insurance premiums for 201. On January 15, 20X1, the company estimated its premium for workers' compensation insurance for the year on the basis of that data. Required: 1. Compute the estimated premiums 2. Pecord in general journal form payment of the estumated premlum on January 15,201. 3. On January 4, 20x2, an audit of the firm's payioll records showed that it had actually paid wages of $57960 to its office employees and wages of \$303,320 to lis shop employees. Compute the actual preenium for the year and the balance due the lisuance company or the credit due the firm. 4. Prepare the general journal entry on December 31, 20x1, to adjust the Workers' Compensation insurance Expense account. Anolyze: If all wages were attributable to shop employees, what premalim estimote would have been calculated and recorded on larualy 15 Complete this puestion by entering your answers in the tats below. 0.12.3t If all wages were attributable to shop employees, what premium estimate would have been calculated and recorded on January 15 201 ? 201? Complete this question by entering your answers in the tabs below. Compute the estimated premiums. (Round "Insurance Rate" answers to 3 decimal places, 1.e., 12.3\% should be entered as 0.123 )