The following informaton about the weekly payroll was obtained from the records of Boitz Co : Required: Required: 1. Assuming that the payroll related to the first full week of the year and was paid on January 7 , joumahize the following enties a. January 7 , to record the payroll. b. January 7 , to record the employer's payrolf taxes on the payroll for the first week of the year, Since it is a new fiscal year, all $668,000 in? salaries is subject to unemployment compensation taxes. 2. Assuming that the payrolf relaled to the fast week of the year and was paid on December 31 , journalize the following entries. a. December 31 , to record the payroll. yeat, 534,000 is subject to unemployment compensation taxes