The following monthly data are taken from Ramirez Company at July 31: Sales salarles, $200,000; Office salaries, $160,000; Federal Income taxes withheld, $90,000; State Income taxes withheld, $20,000: Social security taxes withheld, $22,320; Medicare taxes withheld, $5,220; Medical Insurance premlums, $7,000; Life Insurance premiums, $4,000: Union dues deducted, $1,000, and Salarles subject to unemployment taxes, $50,000. The employee pays 40% of medical and life Insurance premlums. 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 and cash payment of the net payroll for July. 3. Using the above Information, complete the below table. 4. Record the accrued employer payroll taxes and all other employer-pald expenses and the cash payment of all liabilities for July- assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% * Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req3 Reg 4 Record the accrued employer payroll taxes and all other employer-paid expenses and the cash payment of all liabilities for July-assume that FICA taxes are identical to those on employees and that SUTA taxes are 5.4% and FUTA taxes are 0.6% No Date General Journal Credit Debit 41.916 X July 31 Payroll taxes expense FICA-Social sec. taxes payable FICAMedicare taxes payable 31.248 % 7.308 % 3.024 % 336 State unemployment taxes payable Federal unemployment taxes payable July 31 10.200 X Employee benefits expense Employee medical insurance payable Employee life insurance payable 6.000 4.200 X OOOOOOOO 000 0000 July 31 FICA-Social sec. taxes payable FICA-Medicare taxes payable Employee fed. inc. taxes payable Employee state income taxes payable Employee life insurance payable Employee life insurance payable Employee union dues payable Federal unemployment taxes payable Cash 44.640 10.440 90.000 20.000 7.000 4.000 10,000 2.700 X OOOOOO 180,080 X