The following monthly data are taken from Ramirez Company at July 31 Sales salaries, $200,000, Office salaries, S160,000, Federal income taxes withheld, $90,000; State income taxes withheld, $20,000; Social 320; Medicare taxes withheld, $5,220, Medical insurance premiums, $7,000 Life insurance premiums, $4,000, Union dues deducted, $1,000, and Salaries subject to unemployment taxes, S50000. The employee pays 40% of medical and life insurance premiums. 1&2. Using the above information, complete the below table. nium Total Premium Employees by Employees Employee Medical Insurance Payable Employee Life Insurance Payable Prepare the journal entries to record accrued payroll and cash payment of the net payroll for Juy Record journal entry for accrued payroll, including employee deductions, for July 1 ns, for 2 Record the cash payment of salaries