The payroll register of Seaside Architecture Company indicates $820 of social security and $224 of Medicare tax withheld on total salaries of $15,200 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $5,300 at the federal rate of 0.80% and state rate of 5.40%. Required: Prepare the journal entry to record the payroll tax expense for the period. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to two decimal places. CHART OF ACCOUNTS Seaside Architecture Company General Ledger REVENUE 410 Sales ASSETS 110 Cash 111 Accounts Receivable 112 Interest Receivable 610 Interest Revenue 113 Notes Receivable EXPENSES 115 Inventory 510 Cost of Goods Sold 116 Supplies 520 Salaries Expense 118 Prepaid Insurance 525 Delivery Expense 120 Land 526 Repairs Expense 531 Rent Expense 533 Insurance Expense 123 Building 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation Office Equipment 534 Supplies Expense 535 ash Short and Over 536 Product Warranty Expense LIABILITIES 541 Vacation Pay Expense 542 Pension Expense 543 Payroll Tax Expense 544 Federal Income Tax Expense 545 State Income Tax Expense 210 Accounts Payable 213 Interest Payable 214 Notes Payable 221 Salaries Payable 222 Social Security Tax Payable 223 Medicare Tax Payable 224 Federal Withholding Tax Payable 225 State Withholding Tax Payable 226 Federal Unemployment Tax Payable 227 State Unemployment Tax Payable 561 Depreciation Expense-Building 562 Depreciation Expense-Office Equipment Damage Awards and Fines 690 Miscellaneous Expense 710 Interest Expense LIABILITIES 541 Vacation Pay Expense 542 Pension Expense 548 Payroll Tax Expense 210 Accounts Payable 213 Interest Payable 214 Notes Payable 221 Salaries Payable 544 Federal Income Tax Expense 545 State Income Tax Expense 222 Social Security Tax Payable 561 Depreciation Expense-Building 562 Depreciation Expense-Office Equipment 223 Medicare Tax Payable 224 Federal Withholding Tax Payable 570 Damage Awards and Fines 225 State Withholding Tax Payable 590 Miscellaneous Expense 226 Federal Unemployment Tax Payable 710 Interest Expense 227 State Unemployment Tax Payable 228 State Disability Insurance 231 Medical Insurance Payable 232 Retirement Savings Deductions Payable 233 Union Dues Payable 234 Vacation Pay Payable 235 Unfunded Pension Liability 241 Product Warranty Payable 242 EPA Fines Payable 243 Litigation Claims Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Prepare the journal entry to record the payroll tax expense on December 31. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to two decimal places. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 B 5