The payroll of Culver Company for September 2016 is as follows. Total payroll was $434,000, of which $108,000 is exempt from Social Security tax because it represented amounts paid in excess of $118, 500 to certain employees. The amount paid to employees in excess of $7,000 was $423,000. Income taxes in the amount of $86, 300 were withheld, as was $8, 100 in union dues. The state unemployment tax is 3.5%, but Culver Company is allowed a credit of 2.3% by the state for its unemployment experience. Also, assume that the current FICA tax is 7.65% on an employee's wages to $118, 500 and 1.45% in excess of $118, 500. No employee for Culver makes more than $125,000. The federal unemployment tax rate is 0.8% after state credit. Prepare the necessary journal entries if the wages and salaries paid and the employer payroll taxes are recorded separately. (Round answers to 0 decimal places, e.g. 5, 275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)