According to a summary of the payroll of Guthrie Co. $540,000 was subject to the 6.0% social security tax and the 1.5% Medicare tux. Also, $80,000 was subject to state and federal unemployment faxes Required: Compute the employers payroll taxes, uning the following rates: stato nemployment, 6.4%foderat unemployment, 0.0% b. on December 31, journalize the entry to record the accrual of payroll taxes. Refer to the chart of accounts for the exact wording or the account Bles. CNOW fourmalu do not use is for your explorations. Every fine on a journal pape las used for debit or credit ontroo, CROW journals will automatically indent a credit entry when a crede amount is entered a. Compute the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%. $ b. On December 31, journalize the entry to record the accrual of payroll taxes. Refer to the chart of accounts for the exact wording or the account wines. CNOW journais do not uise lines for journal explanations. Every line on a journal page is used for debit or credit entries, CNOW Journals will automatically indent a credit entry when a credit amount is entered PAGE 1 ACCOUNTING EQUATION JOURNAL CREDIT ASSETS DEBIT LIABILITIES EQUITY POST. REF. DESCRIPTION DUATE 1 2