The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $480,000; Office salaries, $96,000; Federal income taxes withheld, $144,000; State Income taxes withheld, $32,000; Social security taxes withheld, $35,712; Medicare taxes withheld $8,352; Medical Insurance premiums, $11,500; Life Insurance premiums, $8,500; Union dues deducted, $5,500; and Salaries subject to unemployment taxes, $59,000. The employee pays 40% of medical and life insurance premiums. Assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% 1. & 2. Using the above information, complete the below table and prepare the journal entries to record accrued payroll, Including employee deductions, and cash payment of the net payroll (salaries payable) for July 3. Using the above information, complete the below table. 4. Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all liabilities related to the July payroll-assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all abilities related to the July payroll-assume that Federal Insurance Contributions Act (FICA) taxes are identical to those on employees and that State Unemployment Taxes (SUTA) are 5.4% and Federal Unemployment Taxes (FUTA) are 0.6% Using the above information, complete the below table and prepare the journal entries to record accrued payroll, including employee deductions, and cash payment of the net payroll (salaries payable) for July % Pald by Premium Pald Promlum Pald Premium Employees by Employees by Employer Employee Medical Insurance Payable $ 11,500 40% $ 4,600 $ 6.900 Employee Life Insurance Payablo $ 8,500 40% $ 3,400 $ 5.100 Total Dato General Journal Dobit Credit Record journal entry for accrued payroll, including employee deductions for July July 31 Sales salaries experto (Office salaries expense Federal unemployment taxes payable State unemployment taxes payable FICA-Medicare taxes payable FICA Social security taxes payable Employee medical insurance payable Employee life insurance payable Employee union dues payable Record the cash payment of salaries July 31 Req 1 and 2 Req3 Reg 4 Using the above information, complete the below table. Amounts Subject to Tax State Unemployment Taxes Payable 59,000 Federal Unemployment Taxes Payable 59,000 Tax Rate Tax Amount 5.4% 5 3,186 0.6% $ 354 Reg 3 Reg 4 Record the accrued employer payroll taxes and other related employment expenses and the cash payment of all liabilit July payroll-assume that Federal Insurance Contributions Act (FICA) taxes are identical to those on employees and that Unemployment Taxes (SUTA) are 5.4% and Federal Unemployment Taxes (FUTA) are 0.6%. View transaction list Journal entry worksheet Record all employer's payroll expenses and liabilities for the month of July. Note: Enter debits before credits. Date Dobit Credit July 31 General Journal Employee federal income taxes payable Employee state income taxes payable FICA-Social security taxes payable FICA-Medicare taxes payable Journal entry worksheet Record the cash payment of all liabilities related to the July payroll. Note: Enter debits before credits. General Journal Debit Credit Date July 31