The following summary data for the payroll period ended December 27, 2015, are available for Cayman Coating Co.:

Gross pay	$	97,000
FICA tax withholdings		7,421
Income tax withholdings		14,880
Group hospitalization insurance		1,480
Employee contributions to pension plan		3,362
Total deductions		27,143
Net pay		69,857

Additional information:

For employees, FICA tax rates for 2015 were 7.65% on the first $118,500 of each employees annual earnings. However, no employees had accumulated earnings for the year in excess of the $118,500 limit.

For employers, FICA tax rates for 2015 were also 7.65% on the first $118,500 of each employees annual earnings.

The federal and state unemployment compensation tax rates are 0.6% and 5.4%, respectively. These rates are levied against the employer for the first $7,000 of each employees annual earnings. Only $14,400 of the gross pay amount for the December 27, 2015, pay period was owed to employees who were still under the annual limit.

Assuming that Cayman Coating Co.'s payroll for the last week of the year is to be paid on January 3, 2016, use the horizontal model to record the effects of the December 27, 2015, entries for Accrued payroll taxes. (Use amounts with + for increases and amounts with for decreases.)