The following Payroll Journal entries for Oct. 15 were made by your predecessor. For FICA tax, assume that the social security rate is 6.0% and the Medicare rate is 1.5%. The state and federal unemployment tax rates are 5.4% and 0.8%, respectively. The company offerrs 401k plans to employees. Review the journal entries, then answer the questions that follow. POST. REF DESCRIPTION CREDIT ASSETS LIABILITIES DATE DEBIT EQUITY Oct. 15 Sales Salaries Expense 145,500.00 1 Officers Salaries Expense 523,800.00 Office Salaries Expense 97,000.00 3 203,700.00 Factory Wages Expense 4 Social Security Tax Payable 58,200.00 5 Medicare Tax Payable t 14,550.00 6 Employees Federal Income Tax Payable 174,600.00 7 t Medical Insurance Payable 106,700.00 8 t Retirement Contributions Payable 145,500.00 9 Salaries Payable t 470,450.00 10 15 Payroll Tax Expense 74,207.00 11 Social Security Tax Payable 58,200.00 12 Medicare Tax Payable 14,550.00 13 188.00 t Federal Unemployment Tax Payable 14 t 1,269.00 State Unemployment Tax Payable 15 15 Pension Expense 87,300.00 16 Cash 87,300.00 17 - - In order to confirm the previous clerk's payroll calculations, you have been asked to supply the following amounts based on your review of the payroll entries. These amounts will be checked against the company records and investigated further if necessary. 1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll. $47,000 X Points: 0/1 2. What is the total payroll for Copperfield and Company shown in these journal entries? $1,044 X Points: 0/1 3. What is Copperfield and Company's share of FICA taxes in this payroll? $72,750 Points 1 1 4. How much has Copperfield and Company contributed to employee 401k plans in this payroll? $87,300 Points 1/1